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...
Maintain stop of 152.75 on candle close basis, long for target 171.
Break of trend line In consolidation (Inside Bar) Accumulation volume seen Risk to Reward Favorable
Channel breakout pattern in City Union Bank Limited with high volume
CUB forming good structure on weekly time frame, trend line break can give a good upside move
BANKBARODA Buy-Between 80-85 SL-72 T-100 110 123 Mid Term targets- 110 145 All PSU Banks seems to be in a cyclic change. One by one we are getting entry in PSUBANKS.
city union bank 2 day view stop loss, target and entry point mark
cub breaking of triangle and important gann level 144 will bring weakness and may slip to 140 & below in short term
CITY UNION BANK (CUB) Can enter at 157 with stop loss of 148. Target 166 and 175 and 180
CUB looking good to go long, given breakout with good intraday volumes, can wait for closure of day's candle for further confirmation. Note: Please trade at your own discretion, not a trade recommendation.
cub chart analysis for intraday and swing trading
Bullish Flag Pole pattern Watch for breakout.
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...