CITY UNION BANK | TECHNO-FUNDA ANALYSIS

City Union Bank Ltd – 1D

Trend: CUB is trading in a bullish breakout structure, having crossed above its supply zone around ₹220 and retesting it successfully. Price action indicates a strong base formation and potential continuation toward higher resistance levels. Key Levels - Breakout Level: ₹232.73 Immediate Support (Supply Zone): ₹220.50 Strong Support: ₹205.09 Major Support: ₹193.11 Fundamentals (Key Points): 🏦 Well-managed mid-size private bank with strong regional presence. 💹 Stable NIM and improving loan book quality. 📊 Low NPA levels indicate sound risk management. 💰 Consistent quarterly profit growth supports investor confidence. ⚠️ Valuation moderately priced; sustained growth in credit demand key. Final Verdict: Bullish — Above ₹232, the stock may extend upside toward ₹245–₹255 with support at ₹220.