UNIONBANK Union Bank of India LimitedNSE:UNIONBANKrajesh74The Context: The Daily (1D) chart shows a sharp -6.46% drop, closing the session at 163.09. The bears completely took control of the day, pushing price right to the edge of major structural support. The Demand Zone (Buy Zone): 156.00 – 160.00 (Gray Block). This remains the high-probability interest area. Price is currently hovering just 3 rupees above this floor. The Supply Overhead (Targets): If demand defends the gray block, initial resistance sits at 164.02 (Green EMA label), followed by a heavy supply cluster between 171.00 – 173.40. ⚡ Execution Strategy: Don't FOMO into the daily close. Let the price bleed into the 156.00 – 160.00 pocket. Look for lower-timeframe exhaustion (wicks or inside bars) to trigger a long position, keeping a tight stop-loss just below 155.00 to target a bounce back toward 171.00+.