The markets world-over have rebound smartly, after the U.S Federal Reserve statement that the country is coming out the recession "slowly but steadily."
Indian Markets have also, along with rest of Asia", are trading in green today-morning.
We expect the market to be green at least for the next one day.
Today's target: Union Bank buy at 215.05 and sell at 219.45 with a stoploss of 213.25.
In the Past few trading session, Union Bank has dropped considerably when compared with the rest of banking sector, and we expect it to go beyond 225 level in the next couple of session.