UNITED BANK OF INDIA; STOCK CALL

         CMP 72.4                BSE 17636

• On the downside, support in the 66-69 range, strong one at that.
• On the upside, resistances at 76 followed by 84 and then 98.
• Tone and tenor positive over a slightly stretched time frame.
• Currently trading at 70% of its Book Value.
• Current Calendar Year end target 95-100 zone.
• Gamechanger stimulus: The reversal of the IR regime.
• BUY at CMP and hold for above target.
• Best Of Luck!!