UCOBANK - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

📊 IntraDay Trade Rating: 3.4

UCO Bank (UCOBANK) shows a cautious intraday setup, with mixed technical signals and weak momentum. While the stock is trading near support and has shown signs of stabilization, bearish indicators dominate, making it suitable only for tactical scalping or bounce trades.

🔍 Technical & Momentum Indicators

Indicator Value Signal

RSI 35.5 Near oversold — bounce possible but not confirmed

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MACD -0.32 Bearish — downward momentum persists

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Volume 54.8 lakh vs avg 67.3 lakh Below average — weak conviction

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Price vs DMA Below 50 DMA (₹31.8) & 200 DMA (₹36.9) Bearish trend

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ADX 35.3 Strong trend — bearish bias

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Stochastic RSI Bullish crossover Momentum building

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CCI & Williams %R Bearish Weak price action

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📈 Intraday Trade Setup

✅ If Considering Entry

Optimal Buy Zone: ₹29.80–₹30.10 (near pivot and support zone)

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Profit Targets

Conservative: ₹30.43

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Aggressive: ₹30.66–₹31.02 (based on weekly projections)

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Stop Loss: ₹29.27 (below key support and reversal zone)

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🕒 If Already Holding

Exit on Strength: ₹30.43–₹30.66 zone — aligns with resistance and bullish forecast

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Exit on Weakness: If price dips below ₹29.27 with rising volume or MACD worsens

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Watch for: Opening above ₹30.08 signals bullish sentiment; below it suggests weakness

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🧠 Final Verdict

UCOBANK is a low-to-moderate confidence intraday candidate, with

Weak momentum and bearish MACD

Slight bullish reversal signs (Stochastic RSI, SAR)

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Strong ADX trend but tilted bearish

Best suited for range-bound scalping, not breakout trades. If bullish sentiment builds above ₹30.08, upside targets may extend toward ₹31.02 by week's end

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You can explore live charts and technical setups on TradingView’s UCOBANK page

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or review pivot levels and forecast targets on DailyBulls Intraday Analysis

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justticks.in

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dailybulls.in

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in.tradingview.com

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