Thursday, October 28, 2010

Today being a triple witching day, Be cautious and Expect the Unexpected.

Stock View: City Union Bank

A perfect flag pattern is visible on the charts of CUB, it has been long time since the stock is consolidating between 45-50 odd levels. Buy CUB only if it sustains above 48.5-49 with stoploss of 47 on closing basis and targets 54/57 in short term.



Have a nice trading day

Regards

Ankit

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