CUB - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

IntraDay Trade Rating: 4.1

City Union Bank (CUB) shows promising potential for intraday trading today, backed by strong volume and bullish technical indicators. Here's a full breakdown of its setup and strategy

📊 Technical & Momentum Overview

RSI (55.2): Slightly bullish, indicating upward momentum with room to run.

MACD (0.96): Positive crossover, suggesting continued strength.

Volume (79.9L vs Avg 28.5L): Significantly above average—strong trader interest.

Price vs DMA: Trading above both 50-DMA (205 ₹) and 200-DMA (183 ₹)—bullish zone.

📈 Intraday Strategy

If considering a fresh position

Optimal Buy Zone: Around 212–214 ₹, ideally near VWAP and intraday support.

Profit Targets

Target 1: 218 ₹ (minor resistance)

Target 2: 222 ₹ (recent swing high)

Stop-Loss: 209 ₹ (below VWAP and psychological support)

If already holding intraday

Exit on Weakness: If price breaks 210 ₹ with rising volume and MACD turns negative.

Exit on Strength: If price nears 220–222 ₹ but RSI fails to cross 60—indicating momentum exhaustion.

⚠️ Risk Factors

High Debt-to-Equity (6.94): Leverage adds volatility risk.

ROCE (6.86%): Low capital efficiency—watch for sentiment shifts.

Price Action: Near 52-week high (233 ₹)—may face resistance.

For deeper technical insights, you can explore CUB’s intraday forecast and strength matrix or view the live chart on TradingView.

Want to compare CUB with other regional banks or scan for setups with stronger breakout potential? I’ve got a few lined up.

Edit in a page