Technical Analysis Union Bank of India.

The stock

saw a massive uptrend recently pushing the price to a peak above the 200 mark. After hitting that high the stock has entered a sharp corrective phase stepping down with lower highs and lower lows over the past few weeks. The stock is currently trading at 165.94 which places it directly on a very crucial support zone. If you look back at late 2025 November/December this 160-165 area acted as a major resistance ceiling. As per technical principles previous resistance often flips to become new support. The latest daily candle is green and shows a bounce from the low of 162.61 suggesting that buyers are trying to defend this zone. Resistance if a reversal happens here the immediate resistance to watch is around the 175 - 180 zone. Breaking past that would open the door to retest the recent highs near 200. Union Bank is currently resting at a crucial support zone between 160 and 165 creating a very clear strategy for the market. Existing holders should maintain their positions but must keep a strict stop-loss just below 160 to protect their capital if the trend breaks. For fresh short-term buyers this level offers a great entry point near 165 because the risk is very small compared to the potential profit. If the stock bounces from this support new buyers can aim for a quick profit target between 175 and 180. However if the price drops and closes below 160 with heavy volume both buyers and holders should exit immediately to avoid larger losses. Technical analysis is based on historical patterns and does not guarantee future results. Always use a Stop-Loss to manage your risk.