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THREETREND RESEARCH

9th Apr · SEBI-Registered Analyst

UCOBANK
Stock is in a clear long-term downtrend, forming lower highs and lower lows. Price is consolidating near 28–30 zone, indicating a base formation attempt. Immediate support at 25–26 (critical zone); breakdown can trigger fresh selling. Resistance seen around 32–34, breakout needed for short-term reversal. Bias remains weak; only sustained move above resistance can signal trend change.

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