Symmetrical triangle pattern breakout in CUB.Today's session look at symmetrical triangle pattern breakout in CUB. According to this pattern expected target is 153+ in 1D time frame.
CUB trade ideas
How can we invest in such scripts ?A stock who can not test its Ath when All other banking financials was firing in the bull run these are the one where people getting out.
marked some lines please have look.
please refer to the chart.
Gratify if you appreciate the practice then you can like it, share it and
If you want me to investigate any chart for you then would cherish doing that for you.
Thank you for your time and support.
Stay safe.
Buy at dips in CUBCUB reached the low point. Buy at dips will give you better percentage in return. Buy at 115 - 125.
Target : 152+
Time : 2 weeks to 2 months.
Analysis are based on my view. Don't take ask investment advice, Invest as per your knowledge and view.
#CitiUnionBank Positional Set UpNSE:CUB
📌 As we can see City Union Bank stock has reached at March 2020 Levels (corona fall) and it is trying to reverse from that support and as well from harmonic PRZ too.
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns.
📌 That Dash Line Is Called PRZ, From That Dash Line To that Horizontal Simple Line Area Is Whole PRZ(Price Reversal Zone).
📌 As One can see, This Pattern has Been Made on Bigger Time Frame, that's why stop loss quite big as per this pattern and time frame. So wait for perfect reversal first then only go for long and ones enter in trade then strictly follow stop loss and here as per my own experience one should keep Stop Loss as closing basis.
(PRZ :- Potential Reversal Zone, SL :- Stop Loss, TF :- Time Frame)
As per AB=CD Pattern
PRZ 1 :- 126.50
PRZ 2 :- 116.95
As Per XABCD Harmonic Pattern
PRZ 1 :- 120.25
SL :- 101.15 (Closing Basis)
Target 1:- 129
Target 2:- 136
Target 3:- 144 and more Trailing basis
Note:- As Per this harmonic pattern , stop loss is quite big, so Trade on reversal only if you don’t know what is reversal, Kindly note that and ask in live session so next time you could be able to identify reversal by your self. Even ask doubts in comments, below.
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
CUBAfter the recent down trend stock is looking good to resume the uptrend. It has yet to break the major pivot(supply zone) and form the HH but looking at the wide bullish candles with good committed buying coming in it should break out soon. I would add some quantity here and scale up gradually if the stock moves as per the plan. Maintain the SL below the swing low 128 DCB. All the best.
cub reach GOOD SUPPORT - learning purposehi traders the CUB reach long term support, Kindly add in your focus list.
Expecting a Bullish Move in CUBAs per the 2 Hour Chart of CUB, we have witnessed a Formation of a “Bullish Harami” Pattern on the downside levels.
Therefore, we are expecting to witness a bullish momentum in the stock in the upcoming trading sessions. Wherein it is being expected to face a resistance initially at around the levels of 130.65, 132.05, and 135. Whereas, on the other hand, on the downside levels, the stock may face a support at the level of 126, on closing basis.
Closing Price (as on 21.02.22) : 128.65
Disclaimer: No financial information whatsoever published here, should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever. All matter published here is purely for Educational and Information purposes only and under no circumstances should be used for making investment decisions. Viewers must consult their personal financial advisor before making any actual investment decisions, based on information published here. Any Investor or Trader taking decisions based on any information published here, does so entirely at its own risk. Investors and Traders should bear in mind that any investment in Stock Market is subject to unpredictable market-related risks.
Question on CUBStock is in strong downtrend creating lower highs and lower low.
Remain cautious till trading below 130
breakout in cubbreakout in cub is noticed.levels are mentined in charts.for educational purpse only.
[ INTRADAY ] CUB LONG BETrisk: Reward ratio is 1: 2
Rest as per Charts
********
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
=======
I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
=======
Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
********
CUB Long breakout on daily timeframe.City union bank consolidated for more than a year. Long positions can be sighted.
CUB LongI hope you can now see how CUB represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
CUB BearishCUB Seems Bearish rally may continue further
concentrate for short if price sustain below 142
City Union bank next harmonicCity Union bank next harmonic
PRZ-142
Strict SL-139
CMP:145 @1 December 2021
CUB IN DAILY TIME FRAME DEMAND ZONEIn Daily tf Demand Zone. Good buy with todays low stoploss of 149.Tgt 162,170
CUB | Intraday TradeGood RR earning opportunity in Day Trade
CMP: 153.60 ( 153 - 154)
SL: 151.75
Target: 157 |160
( Targets calculated on the basis of Fib.)
Disclaimer:
I am not a SEBI registered analyst. My studies are for educational purposes only. Please consult your financial advisor before trading or investing. I am here just to share my views and have fun!!! Don’t take me seriously…..
Happy trading !!!
