CUB - 4HR chart. Breaking outAnother breakout stock in Bank?
Very good volume.
closed above 100 day high
Took strong support at 9 EMA with volume.
RSI and Stochastic good as per rules.
ATR is low.
185 to 200 looks possible.
140 to 150 and 120 levels were held always last few months.
Posting a 4 HR time frame chart to show candle and volume last 2 hours.
Very Strong.
So on Monday can expect good trend to continue. (31st August 2020)
CUB trade ideas
CITY UNION BANK
NSE:CUB
It can be bought with stop loss of 119 for target of 134, 139 and 146
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Hi all,
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I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
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1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
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