The stock shows a great uptrend and is likely to bounce of the 200D EMA and create higher highs. As we already tend to see a bullish candle that is likely to initiate an upward trend.
City Union Bank - Bearish Bias - Can Short at current levels.
Hi City Union Bank looks like a good buy above 214.60, with SL of 207 and a target of 227/233. MACD will soon cross over. RSI is above 50.
city union bank is at major support level. if it does not hold 180-186 zone chances of downside /correction is imminent. Current price is kissing long term trend line. let see how the price pan out.
Break out from consolidation above 187