Hello All !!
Today's Trade is Specifically For HNI Marathon Members and trades are Taken on the HNI Marathon PMS Service with us ..
Today's Stock is :
CITY UNION BANK LTD.
Let's See The Chart First ..
This is Weekly Chart and We may See a Sharp Fall in March 2020, Consolidation For Few Weeks and then Breakout on upside. In the Process of Recovery the Stock is Making a Bullish Cup and Handle Formation. Currently the handle is being formed and it's a flag Structure. The breakout is expected to be above 180 levels. Once The Stock trades above 180, Buy Can be Initiated with Small SL of 170 on closing basis. The Targets for the Breakout are 196 & 219 for short term and 249 for Long Term.
Buying can be Initiated anywhere near 180 and Hold for the Targets.
Recommendation
CITY UNION BANK LTD. (MARCH FUTURE)Buy @ 178Stoploss : 168Targets : 198 - 218Lot Size : 3100Risk : 31000Reward : 62000 - 124000
The Trade is to Be Taken with Stoploss and Proper care of Risk management.
We have Recommended and Taken this trade in Our HNI Marathon PMS Service. Capital Requirements for this PMS is 20 lacs and we take care of Risk Management. Don't Jump in With Big Qty expecting Big rewards overnight.
Those Who are capable of Investing 10-20 Lacs and Want to Earn Consistently from Markets, Just drop a message for more details.
The Analyst Atul Shinde is a Technical Analyst and Global Market Expert, Globally Certified Investment Adviser and Fund Manager for Many Global HNI Clients. He is Having more than 13 years of experience in tracking Global and Indian Markets.
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