CUB - Weekly AnalysisIn the Weekly Chart of CUB ,
we can see that, it is at decision making point.
Possible momentums are shown in chart.
CUB trade ideas
HEAD AND SHOULDER FORMING IN CUB. Head and shoulders forming in cub in 1d time frame and the target could be till 100 rs but wait for the neck to brake and retest for the short trade. and remember that there is lot of aggregation going on the City Union Bank so try to accumulate between 100 to rs 130 range .
CUBFor four years CUB is in side ways, you can buy in the support. It can give us decent profit. Don't miss the opportunity.
CUB - Weekly AnalysisIn the Weekly Chart of CUB ,
we can see that, it is coming down to retest.
On retesting, if it forms a Hammer we can have a entry.
CITY UNION BANK MIGHT TAKE A U TURNCUB upside moment possible if sustains above 145 good for positional trade
entry at or after closing at 145
stoploss at 140 or slightly below 140 (like 139.75,139.5)
targets at 148, 150,154,160++
Note: if any trade or value has gone from the place we decided to enter then thats not our trade wait for it to come back or let it go
I am not sebi registered this is my personal view
CUB - Long Tactical Upmove expected
3-4 PC Up move expected.
Trade with risk management. positional till monday eod
CUB might give an upside rallyCUB consolidating near resistance and with good buying volumes can give a good swing opportunity for a few days
Entry between 153.5-154 or
above 154(but S.L for futurs and option traders will increase)
S.L wil be at 151.9 to 152.3 according to your comfort
for targets of 156,159-159.4, 162+
CUB (City Union Bank)CUB is showing strength and available at an attractive price which usually attracts big investors. One can enter above this zone or at the LTP for some accumulation.
NOTE: This is Weekly time frame and it may take a little longer to come up, so enter with that mindset.
CITY UNION BANK- Rectangular box shown is an accumulation phase - 9 month accumulation
- Showing strength in weak market - Sign of higher probability of breaking out
- Multiple supports
CUB BO [Weekly]CUB BO on weekly timeframe coinciding with 10W/40W cross as well. One of the few banks showing good volumes and price appreciations. Keep an eye out for this :)
#Long CUB#CUB swing to Short term stock.
Stock moved from a Strong Demand Zone. Stock has to give its minimum target.
Use your own Analysis.
CUB a good swing opportunityCUB has seen a good breakout. A good short term swing trade opportunity is seen just beacause the risk reward ration seems good.
city union bankcub showing positive diversions and taking support @ 147 level
one can buy cub for target of 170 in medium term
CUB: 3 years of accumulation with 3 times HEAD AND SHOULDER Points to consider: Only for long term.
1. 3.5 years of accumulation period,
2. 3 times head and shoulder pattern
with 2 times breakout failure,
3. means this is a to 3rd time breakout in future,
3. highest volume in previous month,
4. 25% of Compounded Profit Growth,
5. PEG ratio 1.21
Thanks for Day Trader Telugu and other masters.
Note: I am not a SEBI registered Adviser,
please do your own analysis or consult financial
advisor for taking entry, stop loss or target.
CUB Bullish breakout analysis 21 Nov 23 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 crossover. (Bullish)
Price > EMA(12,50,200). (Bullish)
RSI > 60 crosing to upside. (Bullish)
Verdict:
Bullish Breakout done
Plan of action:
Entry after retrace
BUY: 144-146 after retrace
Stoploss: 141
Target: 160
confirmation of breakout*Technical analysis shows it is giving bullish signals for the following reasons :
1. it has already formed head and shoulder pattern and it has crossed the resistance level
2. fib retracment also shows that price will move up because it has crossed the fib level
3. volume is also very high in last 3 sessions comparitavely to volume which went sideways for quiet a long time.
4. resistance @146 was a strong resistance which it tested mutltiple times, so now it has broken the resistance with a very high volume .
CUB Bullish; above 146 on Friday 10 Nov. CUB Bullish; above 146 on Friday 10 Nov.
The above information does not constitute financial/investment/trading advice or recommendation and it is purely for educational purpose.
SWING Trading Strategy:
One may enter into a position only upon stock closing above the entry price on day closing basis and hold on for 5/10 trading sessions for larger gains
INTRADAY Trading Strategy:
1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within the first five to 15 minutes. "High Risk Traders" buys in hope of another 2% upmove intraday.
"High Risk Traders" may have to patiently wait through the Pullback-Consolidation stage to realize profits. High risk/High reward set up as breakouts may fakeout (reversal)also
2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage").
Safe traders with minimum risk profile may Wait for a breakout from the consolidation to enter at this stage to relize high profits in the final intraday final "Breakout continuation" stage
3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again.
Both Safe Traders/High Risk Traders may book profits at this stage
Stop Loss: @ "Open" price of the day OR "Breakoutprice"
This do not constitute, financial, investment, trading, or other types of advice or recommendation.
CUB at 10 year old trendline supportCUB is trading at 10 year old trendline support, this has acted as a good support for atleast three times in past and so far price has respected this in last weekly closing. Weekly RSI is currently around 32, which is indicating oversold and stock is trading near to its Covid Low.
Although, the stock is trading below most of the key moving averages but long term support zone provide here a good risk to reward in long side and fresh shorts here may be very risky unless and until price breaks down key support areas.
Anticipating here a turn around and may be in coming weeks price can form a double bottom on weekly charts to start its journey again on upside.
Can $NSE:CUB Will Take Support ?Dear Followers
I Hope this message finds you well. I wanted to provide you with an update on the stock NSE:CUB you've been following. The stock has recently taken support at a key level, indicating a potential opportunity for a short-term trade. my analysis suggests that there might be a favorable entry point for a short- Term position.
Stock Name- NSE:CUB
Support Level- 118-122
Entry Point- 120-123
Stop Loss Point- 105
Target Point- 150,165,175
Time Frame – 90-120 Days
I closely monitoring the stock's movement and will continue to provide you with timely updates as the situation evolves. If you have any questions or would like more detailed insights, please don't hesitate to reach out.
Only For Educational Purpose
Best regards,
Ajay Metha
City union bank Volume high,Hexa to be crossed by MACD, Breakout, likely to touch 250 in next six months ......
A almost brilliant stock for accumulators and swingA almost brilliant stock for accumulators and swing.
Swing low buy trades possible
Accumulators can buy at discount.
Stop loss with hedge must.
