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By EquityPandit

CUBMARKET OUTLOOKSTOCK OUTLOOK

City Union Bank Outlook for the Week (May 13, 2024 – May 17, 2024)

City Union Bank
City Union Bank
City Union Bank closed the previous week on a negative note losing 11.41%.

Technically, City Union Bank share price will see immediate support at 141.97 and immediate resistance would be seen at 160.62.

If City Union Bank share price closes below immediate support of 141.97, then sharp breakdown can be seen. City Union Bank share price will see major support at 134.03 for the week.

165.00165.00160.00160.00155.00155.00150.00150.00145.00145.00140.00140.00135.00135.00130.00130.00Mar 26Mar 26Apr 1Apr 1Apr 4Apr 4Apr 9Apr 9Apr 15Apr 15Apr 19Apr 19Apr 24Apr 24Apr 29Apr 29May 3May 3May 8May 8Reversal Level 152.66Sell

On the positive side, immediate resistance will be seen at 160.62. Closing above 160.62, City Union Bank share price will see a sharp breakout. Major resistance for City Union Bank share price will be seen at 171.33 for the week.

Trading range for City Union Bank share price for this week should be between 123.32 on down side and 179.27 on up side.

City Union Bank Previous Week High: 163.4

City Union Bank Previous Week Low: 144.75

City Union Bank Previous Week Range: 18.65 Points

City Union Bank share price support and resistance for the week (May 13, 2024 – May 17, 2024)

Level Type Value
Resistance 3 179.27
Resistance 2 171.33
Resistance 1 160.62
Support 1 141.97
Support 2 134.03
Support 3 123.32
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{"buy_point":[],"sell_point":[{"en_ltd":"2024-05-07","en_sup_p_91":"157.16","en_sup_t_91":"161.24","prev_close":"159.80","en_close":"154.35","new_date":"May 7","prev_close_no":159}]}

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