Chart Check: Down nearly 30% from highs! This PSU banking stock is a good buy on dips bet - Economic Times

Union Bank of India took support near Rs 33 in May before bouncing back. It rallied nearly 7 per cent in a week which helped the stock to break out from its 20-days moving average, suggesting demand at lower levels. The Relative Strength Index or the RSI is t…

has fallen by about 30 per cent from its November 2021 high effectively pushing the stock in a bear market but recent price action suggests that it could see a bounceback from crucial support levels.… [+2063 chars]

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