Stock of the day: Buy City Union Bank Ltd For Target Rs.218 By Religare Broking
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* CUB has witnessed a fresh breakout from a consolidation pattern
* The breakout is supported by a substantial rise in volume.
* The recent traction in the banking space is added positive.
* We thus recommend initiating fresh longs in the mentioned zone.
BUY City Union Bank Ltd CMP (Rs):203.10 Range:200-202 SL:190 Target:218
Technical Chart :
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