CUB trade ideas
CUB...1DNSE:CUB
Please note that we are not a SEBI Registered Investor Adviser/PMS/ Broking House.
All the contents over here are for educational purposes only and are not investment advice or recommendations
offered to any person(s) with respect to the purchase or sale of the stocks / futures and options.
You are also requested to apply your prudence and consult your advisers in case you choose to act on
any such content available as WE claims no responsibilities for any of your actions or any outcome of
such action
CUBNSE:CUB
Please note that we are not a SEBI Registered Investor Adviser/PMS/ Broking House.
All the contents over here are for educational purposes only and are not investment advice or recommendations
offered to any person(s) with respect to the purchase or sale of the stocks / futures and options.
You are also requested to apply your prudence and consult your advisers in case you choose to act on
any such content available as WE claims no responsibilities for any of your actions or any outcome of
such action
CUB chart Techinical analysisHere's the Citi union Bank gives a breakout the chart represent a down fall and consolidate for 1 Year and breaks a that S & R line.
And the charts shows a side ways trend for 1 year and forms a channel pattern . This pattern confirms a breakout and retest and price will go up.
And the next Target level is RS.190 to Rs.200 .
CUB...1DNSE:CUB
Please note that we are not a SEBI Registered Investor Adviser/PMS/ Broking House.
All the contents over here are for educational purposes only and are not investment advice or recommendations
offered to any person(s) with respect to the purchase or sale of the stocks / futures and options.
You are also requested to apply your prudence and consult your advisers in case you choose to act on
any such content available as WE claims no responsibilities for any of your actions or any outcome of
such action
cub short ideastock has given weekly close exactly around dynamic support area, 149-150. In the past it has faced resistance at this area for weeks long, so in the downturn it must give support. Short position to be taken only after a daily close below 148, even in that condition we must remember that a weekly close necessary for further down move. As this is the expiry week it might confuse. But pattern saying that it must complete 5th wave to complete ABCDE pattern at the support trendline after which a nice uptrend can be obtained. Right now more chances are that to make a profit sell below 148 daily close for a target of 140.