UNIONBANK - IntraDay Trade Analysis with Live Signals

Last Updated Time : 20 Dec 25, 07:04 am

IntraDay Trade Rating: 3.8

📊 Analysis: UNIONBANK is trading at ₹154, close to its 52-week high (₹160), showing strong bullish sentiment. Price is above both 50 DMA (₹149) and 200 DMA (₹139), confirming trend strength. RSI at 56.0 indicates healthy momentum, while MACD at 0.92 supports positive bias. Current volume (89.5L) is slightly above average (87.3L), suggesting strong intraday participation. Fundamentals are mixed with solid ROE 17.1% and EPS ₹23.5, but weak ROCE 6.72% and high debt-to-equity (10.8) raise caution.

💹 Optimal Buy Price: ₹152–₹155 (near current levels with tight entry).

🎯 Profit-Taking Exit Levels: ₹158 (short target), ₹160 (extended target if momentum sustains).

🛡️ Stop-Loss / Loss Protection: ₹150 (below intraday support).

⏱️ If Already Holding: Exit near ₹158–₹160 if momentum sustains. If RSI rises above 65 but volume weakens, consider early exit. A break below ₹150 should trigger stop-loss.

Positive

• 📈 Trading above DMA 50 & 200 shows bullish bias.
• 💰 Dividend Yield 3.09% provides strong shareholder return.
• 📊 PAT improved from ₹4,116 Cr. to ₹4,249 Cr., showing earnings stability.
• 🔥 FII holding increased (+0.16%), reflecting foreign investor confidence.

Limitation

• ⚠️ High Debt-to-Equity 10.8 indicates significant leverage risk.
• 📉 Low ROCE 6.72% reflects modest efficiency.
• 📊 Quarter Profit Var -9.97% shows sequential earnings decline.
• 💡 P/E 6.55 is below industry average (7.89), suggesting limited valuation premium.

Company Negative News

• 📉 DII holding reduced (-0.23%), showing weaker domestic support.

Company Positive News

• 📈 FII holding increased (+0.16%), reflecting foreign investor confidence.

Industry

• 🌐 Banking sector trades at PE 7.89, slightly higher than UNIONBANK’s valuation (6.55).
• 📊 Sector outlook stable, with UNIONBANK trading at discount but requiring momentum confirmation.

Conclusion

⚖️ UNIONBANK is a moderate-to-strong intraday candidate. Technicals show bullish bias near 52-week highs, but high leverage and modest ROCE limit upside. Suitable for momentum scalps with strict stop-loss discipline rather than aggressive intraday positions.

Would you like me to extend this into a public sector banking basket overlay with peers like SBI, Bank of Baroda, and Canara Bank to benchmark UNIONBANK’s intraday setup across the industry?