Technical analyst recommends sell on Union Bank after breakdown below key moving averages

Tue 29 Sep 2026

Hurdle level

173

Downside target

163 to 162

Heard on Live TV News Channel between 10:09:23 - 10:10:38 IST.

• Union Bank has given a breakdown, trading below key moving averages.
• Short build-up with call writing observed in the counter.
• Analyst recommends selling with hurdle at 173, expecting decline to 163-162 marks.
• Follows similar sell calls previously given on Bank of India and Canara Bank.

The call above is Chintan Deparia, Motilal Oswal Financial Services's, reported here as they made it. Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.