A PSU bank, multi year breakout, can it multiply your profits?

A sector that has woken up in recent years.
A bank which is still trading at fair value to its growth backed by positive earnings release
Technical chart looks good for a buy setup at CMP. DMI indicates bullish strength and Fibonacci retracement shows the stock having good support at 116 levels

Union Bank is my pick of the PSU banks for a medium to long-term horizon.

Entry - 140-142
Stop Loss - 116
Target 220/270