CUB has given the breakout as can be seen on the chart. we can make a entry once it give us a retrace and then it goes bullish. you can buy the stock once it drops to price 144-146. and hold it till 160 with Risk:Reward :: 1:3 approx.
Reason:
Stock has given the breakout of rectangle pattern range 120-142. (Bullish)
Just EMA(13,200) crossover, also golden...
NSE:CUB
📌 As we can see City Union Bank stock has reached at March 2020 Levels (corona fall) and it is trying to reverse from that support and as well from harmonic PRZ too.
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail...
