CITY UNION BANK is in Consolidation Zone..
When it break level 161 and sustain.. it will go upside...
BUY CUB @ 161
Target
1st 165
2nd 168
Enjoy trading traders.. Keep add this STOCK in your watch list..
What Are Gaps?
Gaps are nothing but Price of a Stock moving up and down sharply with no or little trading happening between the previous days close and current days open. Gaps show an ultimate picture of imbalance between supply & demand. Gap formations are due to many fundamental and technical reasons.
Most common example, when there is an announcement of...
CUB:- Double bottom pattern has been formed and you can also call it W pattern. keep on eye
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about...
The stock is consolidating after good run-up in monthly and weekly, and has gone sideways in daily chart. On 2-h chart, it is forming lower highs & lower lows (all signs of consolidation). Weekly resistance is around 210, while weekly support is around 165 levels.
Trend strength is also fading, as suggested by ADX and RSI as well.
As per open interest analysis,...
CUB is trading in a channel and forming higher highs and lower lows.
Entry should be anywhere at the red line,
The target will be the green line which will act as a resistance.
SL :- 2 red hourly candles below the red line.
City union Bank (CUB) keep eye on this stock if stock gives daily close above 200, then fresh rally is expected to start. 195-198 level is big resistance level and Fibonacci golden level too. From last few months stock is consolidating below resistance level
📊 Script: CUB (CITY UNION BANK LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY BANK
📊 Sector: Financial Services
📊 Industry: Banks / Private Sector Bank
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 Crossover in MACD .
📈 Already Crossover in Double Moving Averages.
📈 Volume is increasing along...
Excellent Breakout of Flag on Daily time frame.
Flag pattern breakout is visible.
Confirmation is done today with BO.
Can be Good swing trade from here Risk to reward ration is excellent here.
As my personal best is Flag pattern.
Levels are as below.
Buy -163-164
Stop loss - 160
Targets - small 166/173
holding - 175/185
Disclaimer I'm already in...
✅Almost all traders read books and tutorial over the internet regarding technical analysis and patterns. After reading a lot of literature, traders start believing that some patterns ought to work 100% of the times. But according to my personal experience, this is just a mistaken belief.
✅The chart patterns are based upon human psychology, which the pioneers of...
The stock is slowly and steadily moving towards my target of 219 which is the meeting point of curved trend line and the D point of GARTLEY pattern......the target should come on 18th October 2022 as the 100% fib.time extension falls on that date..
Cub is looking nice on weekly charts breakout on downtrend line resistance and on Bollinger bands
Cause of long
1- Breakout on downtrend line resistance
2-breakout on Bollinger bands too
#DoubleBottom #Breakout (trend reversal) Under Parallel Channel at #CUB (City Union Bank Ltd) weekly chart. Its #Outperformed #Nifty.
What Is a Double Bottom?
A #doublebottom #pattern is a #technical #analysis #charting pattern that describes a change in trend and a momentum reversal from prior leading price action. It describes the drop of a stock or index, a...
City Union Bank Is Consolidating in a range From 19 July Tried To Give Breakout Today But Didn't Sustained Buying Above 165 With The Target Of
175 & 183 With The Sl Of 158
