sell city union bank target 215 stoploss previous day high 227.15
NSE:CUB BULLISH SHARK CMP 205.95 @ 6/7/19 PRZ 196.50 TO 195.50 SL 191.50 T1 201 T2 205 CHART BY HARMONIC LEARNING AND EARNING
City Union Bank - Entry above 206/208 past 3 years average sales 8.33% past 3 years average profits 14.66% past 3 years average margins 16.8%
CUB Cup & Handle Breakout buy CMP 203 Target open Hold for Long term add more above 210
can go long in CUB as it has broke out of channel and can expect a rally towards 194
As you can see CUB most of the times follows trend line. Target is 196 for swing trading
In recent CUB chart show AB lag Simply identified chart pattern is AB=CD So, as per this pattern our target is 235 to 237. Stop loss is low of point C .... Now as per my trading style one can look for buy above 188 for target of 1st- 207 2nd -220 3rd- 237 & Stop loss is 168 So Risk of 20 point for target of 49 point Risk reward ratio 1:2.45 Also refer...
The stock has been under secular uptrend over past two years. Currently highs in the 188-193 zones, the stock has been consolidating in a sideways move over past couple of weeks. The prices have attempted a breakout and is set to assume its up move again. The Weekly MACD has reported a positive crossover and it is now bullish while trading above its signal line. A...
CUB can be a good candidate for long term investment if it breaks above 185 on weekly closing along with CCI 100 breakout from triangle formation!!
2 BH>50%CH candles CCI(D/W/M) crosses 100 TGC with strength candle Target 200 /215 / 235 SL 165
CUB can be potentially buy from CMP 171 and can be add on deeps around 165. One can keep SL of 159 on weekly closing basis
CUB - cmp 172. Bias : Long Rationale: 1) Price holds support at upward sloping trend line. 2) Price holds support at 30 week ema. 3) Double bottom formation in a bullish structure. 4) Cup formation observed. 5) Price pierces past downward sloping trend line with above average volumes. 6) Stop : Breach below 30 week ema.