City Union BankHi every one
This is best stock for investmenr
Entery 137 to 140 rs
Stop lose 124
TP 1 184
TP 2 205
TIme 90 days
Note: No buy sale tips
this my technical anlysis
consult your financial Advisor before taking risk
Cublong
Long City Union Bank...small stoploss low risk tradeCity Union Bank
CMP - 164
Stop - 155 on DCB
Expectation -
T1 - 200
T2 - Open, Review at 200
Expected Holding Period - 60 trading days or earlier for T1
View:- Swing/Positional
Disclaimer:-
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing
CUB Analysis - Short Term BuyThere are two buy in CUB . If it crosses 170 then
Buy- Above 170
Sl- 167
Target - 174 176.55 180
And if it comes to 164-165 then
CUB
Buy- Between 164-165
Sl- 160
Target - 170 174 177
Note:- I am not SEBI registered . All Views and trade setups are my personal view and my personal trade setup.
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City Union Bank - Potential Bulish ScenarioThe 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 structure is clearly bullish and all the dips must be seen as buying opportunities.
The targets which I am looking at:
Target 1: 183
Target 2: 198
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
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P.S: This is NOT investment advice. This chart is meant for learning purposes only and is a part of my personal journal. Invest your capital at your own risk.
Symmetric Breakout expected in CUBPrice 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.
