CUB price is in flag pattern on hourly chart. Flag pole is in place and final portion of the pattern is in progress. Price is falling making a wedge & taken support from supportline ( black ).
CUB (Daily):- BUY AT CMP 175/170 FOR TARGET 200 SL 160 DCB #Disclaimer:-I just shared view for only educational purpose. #priceaction #CUB #BREAKOUT
City Union Bank chart analysis for intraday and swing trading
City union bank price forming flag pattern in daily chart.
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CUB GRAPH IS CLEAR WEEKLY BREAKOUT 1.WEEKLY BREAKOUT 2.GOLDEN CROSSOVER 50DMA AND 200DMA 3.BANKNIFTY STILL NOT RUN 4.RSI IS ABOVE 50 THIS ANALYSIS FOR ONLY EDUCATIONAL PURPOSE -THANK YOU FOR YOUR TIME
Price inside a channel and forming a symmetric triangle within the channel and today after taking the trend line support price is bullish and strong. One can expect a triangle breakout and the target would be the top of the channel.
city union bank seems a buy at current zone withaccumulate upto 125 for 160
Support or reversal maybe seen there
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