2026-01-22 11:51:07 am | Source: Religare Broking Ltd
Stock of the day : City Union Bank Ltd by Target Rs. 297 - Religare Broking Ltd
City Union Bank Ltd
Buy City Union Bank Ltd CMP 279.75 Range 278-280 SL 270 Target 297
* CUB maintains a structurally bullish configuration, with price sustaining above its short and medium-term moving averages, validating trend integrity.
* The ongoing consolidation reflects a healthy pause following the prior upward leg, supported by stable volume, suggesting institutional accumulation.
* Holding above its dynamic support zone preserves the positive medium-term outlook.
* Market participants may consider initiating long position to capitalize on a potential of the prevailing uptrend.
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