Technical Analysis of

GODREJCP

,

UNIONBANK

s: Technical Analysis and Outlook Godrej Consumer has staged a strong recovery, crossing above all key exponential moving averages (21, 55, 100, and 200 EMA), signaling a bullish trend reversal. The recent price action shows a breakout above the Rs 1,185–1,190 zone, with momentum sustained despite a minor pullback. The stock is consolidating after a sharp rally, which is a healthy sign of trend continuation. The RSI stands strong at 68.80, just below the overbought zone, suggesting there's still room for an upside. Meanwhile, the MACD remains in a bullish crossover with expanding histogram bars, reinforcing upward momentum. With growing technical tailwinds, prices are now looking to pave the way for Rs 1,320 and then Rs 1,350. : Bullish Signals and Potential Breakout Union Bank of India is witnessing a robust bullish structure, supported by both price action and technical indicators. The stock has recently rebounded sharply from its low of 100.81 and has since been charting a series of higher lows, while the resistance around the Rs 130–132 zone remains steady. This price action is forming a classical ascending triangle pattern, typically considered a bullish continuation formation, signaling a potential breakout on the upside. Volumes have also been favorable, with every upward move accompanied by increased buying interest, indicating growing institutional participation and reinforcing the strength of the current uptrend.