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Cityunionbank

SWING IDEA - CITY UNION BANKCity Union Bank is showing promising technical signals for a potential swing trade. Reasons are listed below : 170 Zone Tested Multiple Times : This key resistance level has been tested several times, indicating a potential breakout. VCP Pattern (Volatility Contraction Pattern) : A bullish chart pattern signaling a possible price surge. Bullish Engulfing Candle on Daily Timeframe : A strong reversal signal, highlighting increasing buying pressure. 50 EMA Support on Daily Timeframe : The stock is well-supported by the 50-day EMA, reinforcing the bullish sentiment. Target - 185 // 205 Stoploss - daily close below 159 DISCLAIMER - Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services. @visionary.growth.insights
NSE:CUBLong
by Visionary_Growth_Insights
BUY CUB cmp 144.50, target min 166 then 180/200 SL- 129CUB correction is completed both price-wise and time-wise. From this month it has strong potential upside with minimum target of 166 around, then 180 and 200 levels. 2nd target of 180 and 3rd target 200 can come in next month or next to next month but 166 is almost confirmed. This view will fail if it close on or below 130 levels. so the risk is very less from current levels and the rewards are very high with short term time frame. Fundamentally, the fair value of the stock near to 175-180 levels going with earnings of fy25-26 and with fy24, its still stand to value near 155-160 levels so there is a tremendous potential in value unlocking. NIMs of the bank likely to improve given the interest rate downtrend to start and the cost of borrowing will reduce resulting in improvement of margins. NPAs recovery is already going since last 3-4 quarters and it has reduced. Credit growth is expected to grow given the digitalisation in approval process, ties up with NBFC and expanding to new areas of credit growth. Branches increased last year, however still concentrated in TamilNadu, so any improvement in that state directly impacts cub. Recently the key person in higher management has changed with strong banking experience in big banks and mid size bank as well. Expect the strong turnaround for cub in coming quarters, so 200 is just the levels but it wont be surprising even it cross new lifetime highs when numbers are out. Multiple brokerage house knew this and gave a buy call, it is just a matter of time that Investor's patience soon going to be rewarded. Good luck.
NSE:CUBLong
by PrashantDahale
Citi Group's 1st Qtr. Results: Profit Dips, But Beat ExpectationCitigroup's ( NYSE:C ) recent earnings report for the first quarter of the year showcased a mixed performance, with profits declining but still surpassing market expectations. The bank reported a 27% decrease in net income compared to the previous year, largely attributed to a $483 million charge associated with CEO Jane Fraser's extensive reorganization initiatives. Despite the decline in profits, Citi's adjusted earnings per share exceeded Wall Street forecasts, reflecting the bank's ongoing efforts to streamline operations and improve efficiency. CEO Jane Fraser highlighted the completion of the organizational simplification announced in September, resulting in a cleaner management structure aligned with the bank's strategic objectives. Investor sentiment responded positively to the earnings report, with shares in the third-largest U.S. lender rising by 2.5% in early trading. The bank's cost-saving measures, including a reduction in headcount by 7,000 employees, are expected to generate annual savings of $1.5 billion, further bolstering investor confidence in Citi's future prospects. Revenue performance across Citi's various segments varied, with notable strength in services and banking divisions. Revenue from cash management, clearing, and payments services for corporations surged by 8%, while a resurgence in capital markets and investment banking fees fueled a significant increase in banking revenue. However, challenges persisted in certain areas, particularly in trading and wealth management. Trading revenue experienced a decline, primarily driven by lower performance in fixed income and currencies, while wealth management revenue contracted by 4%. Looking ahead, Citi Group ( NYSE:C ) remains focused on driving growth in wealth management and investment banking, areas identified for potential expansion. CEO Jane Fraser's leadership during the ongoing reorganization efforts has been instrumental in reshaping the bank's operations and improving competitiveness. Despite positive strides, Citi Group ( NYSE:C ) continues to face regulatory challenges and workforce instability. Regulatory scrutiny from U.S. regulators regarding risk management practices underscores the need for ongoing compliance efforts. Additionally, ongoing efforts to address deficiencies in risk management, data governance, and internal controls, as outlined in enforcement actions from 2020, remain a priority for the bank. Overall, Citi Group's ( NYSE:C ) first-quarter results reflect a mixed performance amidst ongoing reorganization efforts. While challenges persist, the bank's ability to navigate regulatory hurdles, drive growth in key segments, and sustain investor confidence will be critical factors shaping its future trajectory in the competitive banking landscape.
NYSE:C
by DEXWireNews
City Union Bank Triple Bottom Pattern.CUB has consistently held support levels around Rs. 120, forming a Triple Bottom Pattern on the Daily Chart. Additionally, it has broken through the downward resistance. A potential upside can be observed if the price remains above the demand zone. The targets are indicated on the charts, and the stop loss can be set according to your risk appetite. Please give a boost and comment if you find the analysis helpful and consider following for more. Any Request, suggestions or advice are warmly welcomed. Disclaimer:I am not a SEBI Registered Analyst, and the views expressed here are solely my own and for educational purposes only. Make sure you consult your Financial advisor before investing, as I won't be responsible for any losses incurred.
NSE:CUBLong
by Kaushik_Karnale
2
CUB - Bullish Consolidation with VolumesNSE: CUB is closing with a bullish consolidation candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 12% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:CUBLong
by BrahmaBull31
What's so interesting about CUB?Hello, The stock we are going to look at today is City Union Bank. Looking at the long-term chart on the daily candle, this stock is mostly moving in an upward direction. I have explained this banking stock well and clearly. Must watch video before investing. Thanks & regards, Alpha Trading Station Disclaimer: This view is for educational purpose only & any stock mentioned here should not be taken as a trading/investing advice. We may or may not have position in the stocks mentioned here. Please consult your financial advisor before investing. Because Price is the "King of Market"
TVC:EXYLong
by AlphaTradingStation
#CITY/USDT 1DAY UPDATE Hello, welcome to this CITY /USDT 1DAY chart update by CRYPTO SANDERS I have tried to bring the best possible outcome to this chart. Show some support, hit the like button, and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis. CITY Analysis:-CITY/USDT lying above strong support. Stochastic is giving a buying signal. It will bounce hard from here. So now is the right time to build your position in it before breakout for massive profits😊 Targets: $7.02-8.15-9.33-10.45- 12.25 SL: $5.25 This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. thank you.
Long
by CryptoSanders9563
2