City Union Bank Triple Bottom Pattern.
CUB has consistently held support levels around Rs. 120, forming a Triple Bottom Pattern on the Daily Chart. Additionally, it has broken through the downward resistance. A potential upside can be observed if the price remains above the demand zone. The targets are indicated on the charts, and the stop loss can be set according to your risk appetite.
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Disclaimer:I am not a SEBI Registered Analyst, and the views expressed here are solely my own and for educational purposes only. Make sure you consult your Financial advisor before investing, as I won't be responsible for any losses incurred.
Please give a boost and comment if you find the analysis helpful and consider following for more. Any Request, suggestions or advice are warmly welcomed.
Disclaimer:I am not a SEBI Registered Analyst, and the views expressed here are solely my own and for educational purposes only. Make sure you consult your Financial advisor before investing, as I won't be responsible for any losses incurred.
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