NSE:CUB I am posting this as one of the follower requested. Observations: 1) On daily time, it took support from 200DMA 3 days before and trading above it. Also the earlier resistance trendline now working as support trendline. Immediate resistance level is at 172 level. Sustainable Breakout of 172 level will give good up move. Please refer below...
long for target of 171 once candle closes above trendline
Maintain stop of 152.75 on candle close basis, long for target 171.
CUB is looking bullish in coming days. Disclaimer- Only for Educational purpose.
City Union Bank is about to have a BO. it is above 52 week high and on a daily chart it is about 20 and 50 EMA. Strategy Enter once it crosses 162 Stop Loss : 5-10% Exit or Next tranche: once it crosses 10%
city union bank 2 day view stop loss, target and entry point mark
NSE:CUB Buy now at 153-55 or near 149 SL closing below 146 T 162, 170, 178, 188
BREAKOUT ALERT AHEAD... Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking trade Check these Upcoming ideas - STILL ACTIVE Check these successful trades & approach on HDFC, HINDUNILEVER, INFOSYS,, MOTHERSUMI , DLF, BRITANNIA If you like my analysis do like & follow me as a token of appreciation. If...
Sl - 150 Time spend at demand region for long time and made a perfect triangle pattern for a breakout. Volumes are OK OK. Queries in comment section,
- Support at 50MA - may break Symmetrical triangle. Keep on Radar
The price is at channel support and retesting the down channel breakout levels.Setting up a potential bullish move. TARGET 1-180 If Resistance at 180 is broken big move is expected. This is just an my analysis.I am still learning chart patterns.Pls feel free to suggest your ideas if I am wrong.
The price breached the downtrend line with high volume and rallied to change the market structure. At present, the RSI is at ~63. The price may test the 170 for demand before moving up. This narrative is supported by the need for RSI to cool off a bit or else the move will soon become extended. Long positions can be added on the retest of 170 level. The market...
very good pattern hoping it would mover very fast,invest after seeing the charts.