CUB trade ideas
Flag pattern breakout and pullback on CUB. Swing tradeThe stock was consolidating in a flag pattern after a good rally and broke out of its resistance trendline. However, due to broader market sell-off, the stock declined to lower levels and seems to have found support at the 50 DMA levels. The stock can be bought at current levels with an SL below 168.
Always keep a tab on broader market conditions while trading. Do not trade against the market trend.
CUB TRYING TO BREAK RESISTENACE.The stock has tried to break the resistance once.
on thursaady and friday carniage, the stock has come back inside thr triangle.
adding positions with every 2 percent rise.
however, a slight spike on the downside cannot be ruled out. this, would be to shunt out the retail investors inable to take risks.
my suggestion would be to buy a futures lot woth a put option( stoploss of put option set to 45-50 %
Good luck !!
CITY UNION BANK- 2HR CHARt (RETESTING BREAKOUT)RETESTING THE BREAKOUT ZONE. If the retest is successfull, looking to go long.
My Weekend Picks 6/11/20These are breakout stocks which can perform good in near term. Buy on weekly closing basis.
City union bank(CUB) breakout with volumeNice channel breakout yesterday(3rd March 2021) and continuing today. Immediate Target 198
CUB on the verge of a breakout !!!CUB :cmp: 179.6
A pole and flag kind of pattern has been formed in daily and weekly chart.
BO done above 178 zone.
Possible TGT 186.25/198.35
Positional TGT 226.15
Intraday Sl 173.6
Positional Sl 170.25 clbs
Option Strategy : Buy Mar 182.5 CE
Let's see what happens....
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
Trend line break outTrend line break out with good volumes, should see decent up move from here. Personal view only.
CUBCUB (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 BREAKOUTCub is about to breakout... Got to wait till retest and enter at the trend line support for the marked target
CUB on a daily chart.It has gone below the short term upward trendline and is now moving inside a downward channel. Lets see in which direction it breaks the channel.
CITY UNION BANK WEEKLY CHARTTrading inside the range for some weeks now. Lets see which side it breaks.
CUB |Excellent retracement to breakout level- Looks good for 50%CUB | Excellent retracement to breakout level with Pivot support (S1) - Looks good for 50%
CMP : 164
SL : 145
Target : 245
1:5+ risk reward setup
Hoping to get the same result like REDINGTON, ABCAPITAL and BAJAJHLDING :)
CUBDISCLAIMER : . I am not a SEBI Registered analyst.
All chart analysis I publish are educational and information purposes only
