CUB is in a similar territory.
S& R & Stochastic RSI is indicating a breakout to 140 is on the cards soon.
Buy after a clear break above 130 for targets of 140. SL - 122
Can keep buying below 130 awaiting the breakout. - Thats what I am doing.
Script - City Union Bank
NSE Code - CUB
Pattern - Symmetric Triangle
Breakout - Either Long nor Short
Trend - Neutral
Trade:
Position - Long
Entry - above 160.90
Exit - 167.90
Stop loss - 156
Position - Short
Entry - below 154.5
Exit - 148.50
Stop loss - 159
