City Union Bank Limited - Trendline Breakout

Updated
πŸ“Š Script: CUB (CITY UNION BANK LIMITED)
πŸ“Š Nifty50 Stock: NO
πŸ“Š Sectoral Index: NIFTY BANK
πŸ“Š Sector: Financial Services
πŸ“Š Industry: Banks / Private Sector Bank

Key highlights: πŸ’‘βš‘

πŸ“ˆ Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
πŸ“ˆ Crossover in MACD .
πŸ“ˆ Already Crossover in Double Moving Averages.
πŸ“ˆ Volume is increasing along with price.
πŸ“ˆ Script has given Trendline Breakout.
πŸ“ˆ Current RSI is around 75.
πŸ“ˆ One can go for Swing Trade.

⏱️ C.M.P πŸ“‘πŸ’°- 189.45
🟒 Target πŸŽ―πŸ† - 204
⚠️ Stoploss ☠️🚫 - 182

⚠️ Important: Always maintain your Risk & Reward Ratio.

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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.

Eat🍜 Sleep😴 TradingViewπŸ“ˆ RepeatπŸ”

Happy learning with trading. Cheers!πŸ₯‚
Trade closed: stop reached
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