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By EquityPandit

CUBMARKET OUTLOOKSTOCK OUTLOOK

City Union Bank Outlook for the Week (May 06, 2024 – May 10, 2024)

City Union Bank
City Union Bank
City Union Bank closed the previous week on a negative note losing 3.21%.

Technically, City Union Bank share price will see immediate support at 158.48 and immediate resistance would be seen at 163.73.

If City Union Bank share price closes below immediate support of 158.48, then sharp breakdown can be seen. City Union Bank share price will see major support at 155.87 for the week.

165.00165.00160.00160.00155.00155.00150.00150.00145.00145.00140.00140.00135.00135.00130.00130.00125.00125.00Mar 18Mar 18Mar 21Mar 21Mar 27Mar 27Apr 2Apr 2Apr 5Apr 5Apr 10Apr 10Apr 16Apr 16Apr 22Apr 22Apr 25Apr 25Apr 30Apr 30Reversal Level 157.16Buy

On the positive side, immediate resistance will be seen at 163.73. Closing above 163.73, City Union Bank share price will see a sharp breakout. Major resistance for City Union Bank share price will be seen at 166.37 for the week.

Trading range for City Union Bank share price for this week should be between 153.23 on down side and 168.98 on up side.

City Union Bank Previous Week High: 163.75

City Union Bank Previous Week Low: 158.5

City Union Bank Previous Week Range: 5.25 Points

City Union Bank share price support and resistance for the week (May 06, 2024 – May 10, 2024)

Level Type Value
Resistance 3 168.98
Resistance 2 166.37
Resistance 1 163.73
Support 1 158.48
Support 2 155.87
Support 3 153.23
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{"buy_point":[{"en_ltd":"2024-03-21","en_sup_p_91":"130.89","en_sup_t_91":"127.99","prev_close":"128.80","en_close":"133.20","new_date":"Mar 21","prev_close_no":128}],"sell_point":[]}

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