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Dhwani Patel

12th Aug · SEBI-Registered Analyst

Trend Continuation Pattern breakout

$UNIONBANK is showing a bullish flag breakout after a period of consolidation within a downward-sloping channel. The breakout above the ₹180–182 zone suggests renewed upward momentum and, if sustained, can open the way towards ₹195–200. Immediate support is around ₹175–178, followed by the stronger ₹168–170 zone. Sustaining above ₹180 keeps the flag-breakout structure constructive.

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