View on City union bank....
In recent CUB chart show AB lag
Simply identified chart pattern is AB=CD
So, as per this pattern our target is 235 to 237.
Stop loss is low of point C ....
Now as per my trading style
one can look for buy above 188 for target of
1st- 207
2nd -220
3rd- 237
& Stop loss is 168 So Risk of 20 point for target of 49 point
Risk reward ratio 1:2.45
Also refer time interval , which can use as key reversal zone .......
Simply identified chart pattern is AB=CD
So, as per this pattern our target is 235 to 237.
Stop loss is low of point C ....
Now as per my trading style
one can look for buy above 188 for target of
1st- 207
2nd -220
3rd- 237
& Stop loss is 168 So Risk of 20 point for target of 49 point
Risk reward ratio 1:2.45
Also refer time interval , which can use as key reversal zone .......
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