CITY UNION BANK LTD
Long
Updated

Good returns are expected from this small cap stock

354
CUB is trading in the price range of 109-200 for the past 3 years. Currently, it is trading near the weekly demand zone. On the daily timeframe, it has given a trendline breakout and again confirmed the upside possible movement by breaking the reversal trendline.

One can create a fresh position at CMP or can buy in dip and can hold for swing or position for the final target. SL will be below the demand zone which is 105

Happy trading :)
Trade active
Trade closed: target reached
T2 hit, now moving strongly for next targets. :)

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