YOU CAN GO FOR SHORT .I found that CUB making a head and shoulder pattern my view is for short.
trade at you own risk.
CUB trade ideas
Swing/positional trade for 15% upside || City Union BankThe stock was in a downtrend consolidation for a year and now gave a proper breakout with retest and continuation. Target will be 199-200 and SL is 161 on a closing basis. CMP- 174. 1:2 Risk reward trade. Do FOLLOW for more ideas.
CUB: 215 on cardsCity Union Bank (CUB) has given all the right indications for a bullish move in the coming weeks. I am looking at a target of 215 (23% upmove) in the coming weeks. A weekly close below 150 should be the stop-loss setup.
Disclaimer: This is not a trading recommendation, but is only a predictive analysis for information and follow-up. NEVER trade without a protective stop-loss in place.
CUB well positioned to start it's high probable up move !Note: For educational purpose , details have been provided in chart.
In Support Zone
Might reverse from this area
Expecting a channel breakout to yield a potential upside breakout
Near 200ema
city union bank positional tradestop only 178 on candle close basis target 185
trade at your own risk
city union bank bullish ab=cdlong for target of 190 and maintain stop of strict point c on candle close basis
Much awaited breakout 165 CUB are ready to break our supply zone if sustain above 165 its have good potential to short term move atlease 10% +ve all creadit belong to RSS Strategy
city union bank weekly analysisas we can it has broken trendline upside and now it is being retested if trendline becomes support it will move 50 points upside. Buy near 163 if possible for good risk to reward.
good luck
Short Term pick up ✌✌✌This scrip is expected to give short Term return as it had formed a beautiful pattern. So traders, keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
Bullish NSE:CUBBuy = 180.65625
SL = 165.33
Target 1 = 211.30875
Target 2 = 226.635
25/10/2021
Bullish NSE:CUB-->City Union Bank Ltd
Buy for short term
Simple Trade Setup | CITY UNION BANK | 25-10-2021 [ INTRADAY]NSE:CUB
I am posting this as one of the follower requested.
Observations:
1) On daily time, it took support from 200DMA 3 days before and trading above it.
Also the earlier resistance trendline now working as support trendline.
Immediate resistance level is at 172 level.
Sustainable Breakout of 172 level will give good up move.
Please refer below chart : 1day Time Frame.
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Trade Setup for Date 25-10-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
CUB Price will fall the ResistanceCUB Price will fall the Resistance
Strong Resistance at CMP
Previous Candles at the Resistance which have POWERFUL BEARs
As there is no volume, the price will go DOWN
best time to invest in cubits a best time to invest in cub
sl at 147
safe player can exit in 170
if it brake trend line go for 190 target
Wedge@Thakurji46 From Trader for Trader💸 Buying the Dips and Selling the Rips #TrendAnalysis📈 #PriceAction👨💻 #ChartPattern✍️
CUB - BullishBreak of trend line
In consolidation (Inside Bar)
Accumulation volume seen
Risk to Reward Favorable
