Bank - Public

UNIONBANK

Union Bank Of India

Wait and Watch

Early Trend
Stage 2 VCP active

Setup readiness

Early Trend

Pivot Levels
₹176.8-206.5
Support Level
₹198.4
Resistance
₹246.6
Risk Distance
3.9% to stop

Reference levels for educational study only. Not a recommendation to buy or sell.

RS
59.0
ADX
14.0
Vol
32.0

Swing Edge Intelligence

Structured setup analysis · research only

Setup status · Developing setup

Some constructive elements are present, but leadership and breakout quality remain mixed.

Relative strength Neutral
Breakout readiness Low
Accumulation Distribution pressure

Bullish factors

  • Price remains distant from the pivot — breakout readiness is low.
  • Reasonable 52w-high proximity (-15% below).
  • 5 closes within 1.1% — tight band forming.
  • MACD bearish divergence — price firm but histogram fading (−4).
  • Pivot type: flat-top — premium structure.
  • RSI 58 — ideal setup zone.
  • Intraday range is tightening — short-term compression.
  • Distribution pressure visible across recent sessions.
  • Price has firmed while volume flow weakens — a cautionary divergence.

Risk factors

  • Earnings in 19 days — event risk over the hold

Overall view

Broader structure continues to reflect distribution rather than sustained demand. The setup is still developing — leadership and trend alignment need further confirmation.

Size this trade

Setup research

UNIONBANK — trend, RS & risk snapshot (not a trade recommendation)

Signal · context · invalidation · risk · skip reasons — research only

Positives

Building toward the pivot (15% below)

  • Confirmed Stage 2 uptrend

Flagged today

Context & regime

  • Market regime Mixed / range-bound
  • Trend stage Stage 2 — tradable
  • Sector Leading (#9/40) — tailwind
  • Relative strength Lagging (RS 59)
  • Trend strength Weak (ADX 14)

Negatives

This idea is wrong below ₹198.4 (-13.6% away)

Base / stop support breaks — the swing thesis is wrong below here

  • Stop / base low₹198.4
  • Pivot — failure re-entry below₹205.5

Risk distance

3.9% to stop
1.7× ATR
5.0× R:R
19.4% reward

Risk ≈ ₹8.1/share from entry ₹206.5.

Reasons to skip 1

Disqualifiers that apply even if the score looks good.

  • Earnings in 19 days — event risk over the hold
Setup metrics Latest scan

UNIONBANK Technical Analysis & Swing Setup

Grouped structure, momentum and risk from the latest research scan.

Volume Profile bullish
POC₹169.44
VAH₹177.7
VAL₹161.58
Vol above POC60.2%
Institutional Activity — Distribution
Avg cost basis₹167.27
Acc zone₹160.1–171.0
Accumulation Sessions1
CMF-0.03

Structure

Trend / stage
Stage 2 (Early)
Stage 2
Weekly trend
Above rising 30-wk MA
Uptrend
RS rank
59.0
Weakening
ADX
14.0
Weak

Momentum

RSI
58.0
Strong
Recent move (10d / 20d)
+6.2% / +3.5%
Neutral
Volume quality
32.0
Thin
Relative strength
Neutral
Neutral

Risk

Failure risk
8.0
Low risk
ATR % / day
2.3%
Moderate
Distribution
2 day(s)
Neutral
Volatility
5 VCP
Contracting
More scanner fields
Sector RS 0.0%
Base 16w · 24.0%
VCP waves 5x
Vol dry-up No
Avg value ₹268.4 Cr
Failure flags None

UNIONBANK Support & Resistance Levels

AI insights

AI Insights

Generated with AI

These insights are AI-generated to support your research process and should not be treated as investment advice or a recommendation to buy or sell securities.

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Pattern context 52w · setup · flow

52-week range

Stage-2 ideal band  ·  Early recovery

Pattern highlights

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Pattern signals from the latest scan

Smart money flow

Last 60 sessions · accumulation vs distribution

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Session flow 60 trading days
OBV trend On-balance volume · same window
·
Accumulation Distribution Neutral
Setup intelligence Overhead · VCP · radar · risk

Overhead supply

Resistance ceiling above current price

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Chase / failure risk

Honest read on exhaustion & extended moves

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Base / VCP coil

Depth, contractions & pivot distance

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Setup quality radar

Shape of the setup in one view

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Peer comparison Sector peers

Sector Peer Comparison

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UNIONBANK FAQ Common swing-trading questions

Frequently asked questions about UNIONBANK

What are the screener observations for UNIONBANK?

On Swing Edge's swing-setup framework, Union Bank Of India (UNIONBANK) currently grades B — workable setup. Building toward the pivot (15% below). Flagged today. This is educational research, not investment advice.

What are UNIONBANK's support and resistance levels?

For UNIONBANK, near-term support sits around ₹198.4 (the base/stop zone); overhead resistance is around ₹205.5 (the breakout pivot); the next resistance above is ₹246.6. This is educational research, not investment advice.

What is the breakout / pivot level for UNIONBANK?

The breakout pivot for UNIONBANK is around ₹205.5. Price is about 15.0% below the pivot and still building toward it. A breakout is typically confirmed on a close above the pivot with above-average volume. This is educational research, not investment advice.

Is UNIONBANK above its 50-day and 200-day moving averages?

Yes — UNIONBANK is in a confirmed Stage 2 uptrend, trading above its rising 50- and 200-day moving averages, the zone where swing setups tend to work best. This is educational research, not investment advice.

How strong is UNIONBANK versus the market (RS rank)?

UNIONBANK has a relative strength (RS) rank of 59 out of 100 versus the NSE universe, making it lagging the broader market on relative strength. Trend strength (ADX) reads 14, indicating a weak/choppy trend. This is educational research, not investment advice.

Answers are generated from Swing Edge's latest scan data and are for research only — not investment advice.

Prices and day-change figures use the last daily close from scan data dated 2026-06-25 — not live intraday NSE quotes.