02/03/2024
Reliance Securities gives technical outlook recommendation to 'BUY' City Union Bank
Sensex Today Live : City Union Bank technical recommendation
Reco. : BUY
Reco. Range: ₹133-138
Target: ₹165
Stop Loss: ₹123
The stock has made higher bottoms on its monthly charts at 130-135 levels holding its long term band of averages.
The higher bottoms structures indicate a strong upward breakout as shorter time frames are indicating a strong reversal.
Stochastic & RSI are inching upwards from their averages on multiple time frames and both the indicators are in bullish mode