UNIONBANK

Technical Analysis

recently broke out above the key resistance zone of ₹131 and surged towards ₹160, but is now facing profit booking near that level. The stock is currently consolidating between ₹145–₹150 after a strong uptrend from its 2025 lows. Immediate support lies around ₹131, which was a prior resistance and could act as a retest zone. Sustained movement above ₹150–₹152 could lead to another attempt to break ₹160, while failure to hold ₹145 may trigger a correction toward ₹138–₹131.