It will blast over 180 resistance. if it crosses 180, it will achieve targets of 183,187,189.
It will blast over 180 resistance. if it crosses 180, it will achieve targets of 183,187,189.
#positional City union bank has broken the flag and pole pattern and now once retesting become successful long positions can be taken there with swing as stop loss
City Union Bank cmp 173 Buy at 175, SL 162 Target 189-195 Down trend channel breakout RSI 59 MACD +ve
The price breached the downtrend line with high volume and rallied to change the market structure. At present, the RSI is at ~63. The price may test the 170 for demand before moving up. This narrative is supported by the need for RSI to cool off a bit or else the move will soon become extended. Long positions can be added on the retest of 170 level. The market...
my charts would just show the view, details can be shared if people want more notes... ut idea is to keep things simple
very good pattern hoping it would mover very fast,invest after seeing the charts.
It's Self Explanatory Education purpose Chart
CMP- 170 SL- 149 (structure change below 150) Target- 250 Its a long term view, better accumulate near 150-160 zone (and then only seek entry when volumes are to the upside)
One can buy the stock once it closed above 173 on weekly charts.... Targets 186-207-247+++