UNION BANK - BULLISHUNION BANK - BULLISH ON WEEKLY CHART as stock has given breakout on weekly chart.
CUB trade ideas
cubcub
forming symmetrical triangle pattern breakout
momentum on break.. 170 a good upside is on cards
City Union Bank - Breakout of Parallel ChannelBreakout above the long-term parallel channel in City Union Bank. With banking stocks poised to do well, this could follow.
Targets indicated over the long-term above.
Could see a re-test of the Parallel Channel (or of the 200EMA) support) before the next big leg up.
CUB on the verge of breakoutCUB forming good structure on weekly time frame, trend line break can give a good upside move
good in fundamentalthe city union bank in good fundamental and the fii holding is increased from the past few days.
so the the decision is to take entry.when break the channel,so guys dont go for aggressive mode .just wait and watch
CUB Long candidate if above resistance lineCUB Long candidate if above resistance line,
It has tried multiple times and failed to cross , this time there is a chance again
lets see how it goes
CUB LongCUB Long
Short term resistance breakout and crossed all EMA's
Buy at CMP- 162 or at trendline breakout above 167
SL- 151
Target- 189, 198.5, 214
Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
City Union Bank BOCity Union Bank is about to have a BO. it is above 52 week high and on a daily chart it is about 20 and 50 EMA.
Strategy
Enter once it crosses 162
Stop Loss : 5-10%
Exit or Next tranche: once it crosses 10%
[ INTRADAY ] CUB LONG BET
risk: Reward ratio is 1: 2
Rest as per Charts
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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.
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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.
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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
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CUB - Price and Trend SetupCUB rising with bullish candle backed with good volume after downside from last few weeks. I would like to track this stock for coming days to see if more such spike in volume is seen while stock sustain support levels it would be creating.
buy city union bank at / near cmp 154.2buy city union bank at / near cmp 154.2
tgt 158/161
@sl own risk
positional trade
city union bank 15 min viewcity union bank 15 min view if opens at that range only and then it gives breakout then only buy or sell. by prajapati9951 for educational purpose
City Union Bank , forming symmetrical triangle on daily chartCIty Union bank forming a symmetrical triangle on a daily chart, direction of the trade could be determined , which direction it gives breakout / breakdown on.
cub - again buyBuy from cmp to 152.25
easy target 156
tg2 - 158
Disclaimer : This is my personal analysis for study purpose not intended for trading
City Union Bank -- is the wait Finally over for reversal City Union Bank had formed a Bullish Bat Pattern on Daily Time Frame and is back to test the reversal levels. Though back at earlier pattern completion levels but the MFI divergence is huge this time..should start its upward journey soon with the 1st Target of around 161 and 2nd Target of 177 with a SL of around 142 in Medium Term
Cub -buyBuy from cmp t0 150
easy target 155.8
Disclaimer : This is my personal analysis for study purpose not intended for trading
