CUB, 1D formed Bearish MarubozuNSE:CUB formed Bearish Marubozu on Daily TF and gave closing below it.
Entry : 129.25
Target : 121.55
SL : 137
RR : 1
CUB trade ideas
CUB Short to Mid term Positional TradeCity Union Bank is at a very decent valuation and has broken out of its range of 5 months .The price is at 2020 lows and the quarterly results are expected to be better than the previous quarter.The stock could give a return of 20% in near term .
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
Possible 74% potential in CUBTechnical Analysis:
1. Chart has formed triple bottom pattern and it is possible to reach 200.90 (74%) and if the triple bottom activates once it covers the third bottom it has the potential to reach 111+%.
2. Triple bottom has also formed in third bottom in daily TF. It has been noticed that bottoms react well in CUB
3. Price has crossed 20, 50 and 100 EMA in daily TF which will support the price to move upward.
Fundamentals are also not bad (Detailed stats on fundamentals will be updated soon). Overall the possibility of the upside potential is high based on multiple TA.
Buy range: 126 - 140
Target: 172.40, 202.90, 137.5
SL: Below 118
CITY UNION BANK (CUB) Bullish; above 144 on Thursday 12 Oct. CITY UNION BANK (CUB) Bullish; above 144 on Thursday 12 Oct.
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: You may keep the stop loss @ "Open" price of the day OR "Breakoutprice"
This do not constitute, financial, investment, trading, or other types of advice or recommendation.
CUB : Breakout viewCUB :
Descending Triangle breakout possibility
Need to sustain 139 levels for a strong breakout to 150-155 levels
CUB-Likely MultibaggerCUB -After a brief consolidation, RSI Above 50 indicates uPside in the coming days. Would have TGT 1 as 135 TGT 2:145 and shortem TGT of 165
CUB TARGET 192This script is monthly double bottom forming and weekly triple bottom with reversal from the strong support of 120. If it breaks in the day or weekly close above the strong resistance of 138 it will reach long term target of 192
📈 Exciting Bullish Pattern Alert! 📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Falling wedge
📌 Symbol/Asset: CUB
🔍 Description: Stock made multiple pattern and now in a falling wedge. Also stock has formed good support levels.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
City Union Bank Target 160+ Positive move expected in City Union Bank after a healthy consolidation, the stock is expected to touch 160 soon, keep watching
High Potential Long Trade Opportunity for Good ReturnSubject: High Potential Long Trade Opportunity for 2X Return
Hello Friend's
I hope this message finds you well. I am reaching out to share an exciting long-trade opportunity that has the potential to yield a substantial return on investment.
After careful analysis and extensive research, I have identified a stock that exhibits strong growth prospects, solid fundamentals, and positive market sentiment. Based on my analysis, this stock has the potential to provide a 3X return on investment within a reasonable time frame.
Here are some key reasons why I believe this trade is worth considering: Stock showing bottoming out on this level as per charts RSI is moving on above 40 and bearish volume is gradually low it means seller on the Weekly chart
1. Positive Industry Trends: The stock is part of an industry that is experiencing significant growth due to emerging technologies, changing consumer preferences, or favorable market conditions. These factors create a favorable environment for the company's growth and profitability.
2. Strong Financial Performance: The company has demonstrated consistent revenue growth, solid earnings, and a healthy balance sheet. Their financial stability and positive cash flow position them well for future growth and expansion.
3. Competitive Advantage: The company possesses a unique competitive advantage, such as proprietary technology, a strong brand presence, or a differentiated product/service offering. This advantage strengthens their market position and increases their potential for long-term success.
4. Favorable Market Sentiment: The stock has attracted positive attention from analysts, institutional investors, and market experts. This increased interest indicates confidence in the company's future prospects and can contribute to a significant upward price movement.
Please note that investing in the stock market carries inherent risks, and past performance is not indicative of future results. Conducting your own research and consulting with a qualified financial advisor before making any investment decisions is crucial.
Best regards,
Ramu Maurya
#CUB - City Union BankNSE:CUB
City Union Bank is trading around 120 near the demand zone.
Need confirmation, wait for reversal.
CITY UNION BANK 020923 Chart structure and risk-reward analysis for longer time trading. Support/Resistance
City union bankThis scrip tested number of times on demand zone 122.25 to 110. This time might test again and could take reversal from that zone. Target might be 145 to 180. 3months to 6months. Please follow risk management and money management.
Long CUBCUB Chart Pattern with time analysis attracting price upmove
target - 142 - Channel upper zone
SL- 126 - traingle breakout
CUB (City Union Bank)
Prices are forming a base near its important support zone between 120 and 110, as seen twice historically.
Monthly RSI is also forming a base at the Oversold zone.
More strength in price would be confirmed only above 145.
A break of 145 would open higher targets around 200.
A break of 110 would turn the outlook bearish.
Analyzing CUB's Harmonic Shark Pattern, Trendline SupportIn this post, we will conduct a comprehensive analysis of Cub's weekly chart, focusing on the formation of the Harmonic Shark pattern based on Fibonacci levels. Additionally, we will explore the presence of trendline support, the demand zone, and the RSI indicator. By examining these technical aspects, we aim to gain insights into the potential direction of the stock. Let's delve into the analysis and explore the situation.
Chart Analysis:
Upon reviewing the provided TradingView chart for Cub, we can identify the formation of a Harmonic Shark pattern on the weekly timeframe. This pattern is based on Fibonacci levels and suggests a potential reversal in the stock's trend, indicating a shift from a bearish to a bullish market sentiment.
The Harmonic Shark pattern incorporates Fibonacci retracement levels to identify potential reversal zones. It consists of five key points: X, A, B, C, and D. The pattern is formed by the price retracing from point X to point A, followed by a rally from point A to point B. The subsequent correction from point B to point C creates the potential reversal zone. Finally, the price moves from point C to point D, representing the potential reversal and continuation of the bullish trend.
Trendline Support, Demand Zone, and RSI:
In addition to the Harmonic Shark pattern, we can observe the presence of trendline support on the chart. This support level adds significance to the potential reversal indicated by the pattern. It suggests that the stock's price might find buying interest in this area, potentially leading to a bounce or a continuation of the bullish momentum.
Furthermore, the chart also indicates the presence of a demand zone. This zone represents an area of significant buying interest and may act as a support level for the stock's price. The convergence of trendline support and the demand zone strengthens the potential for a bullish move.
Additionally, the RSI (Relative Strength Index) on the weekly chart is starting to show attractiveness. The RSI is an oscillator that measures the speed and change of price movements. An RSI reading below 30 is often considered oversold and may indicate a potential buying opportunity. The attractiveness of the RSI suggests a possible shift in momentum to the upside.
Analysis and Targets:
Considering the Harmonic Shark pattern, the suggested entry point would be the current price of 125. The initial target for this pattern is set at 156, with a subsequent target of 180. These levels represent potential areas where traders may consider taking profits. To manage risk, a suggested stop-loss level of 109 is recommended, which helps limit potential losses if the anticipated reversal does not materialize.
Conclusion:
Based on the technical analysis, Cub's weekly chart exhibits the formation of a Harmonic Shark pattern, indicating a potential reversal and continuation of the bullish trend. The presence of trendline support, the demand zone, and the attractiveness of the RSI further enhance the potential for an upward move.
Traders and investors should closely monitor the price action around the trendline support, the demand zone, and the confirmation of the Harmonic Shark pattern before making any trading decisions. It is important to consider other technical indicators, market conditions, and consult with a financial advisor before making investment choices.
Disclaimer: The information provided in this blog post is for educational purposes only and should not be considered as financial advice. Trading stocks involves risks, and past performance is not indicative of future results. It is advisable to consult with a financial advisor or conduct further research before making any financial decisions.
CUB bank, 40% return, short term,investmententry: 130
target:144
stoploss: 121
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more probability for bullish..
reload chart for clear view
an hour ago
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use desktop site.
rest chart size for clear view
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first use " + " in the chart, for zoom..
next rest chart for better view
CUB : Double Bottom Pattern Trend Reversal just now
Buying Opportunity seen in CUB after completion of double bottom pattern , the reversal seems to be confirmed from the demand zone as shown in the chart. RSI and MACD cross over favours the reversal . The SL and targets are as usual the demand and the supply zone. As this is an educational post , do message me the probable SL and Targets as a part of it....
