City Union Bank (Weekly)

Technical Analysis Trend: Strong medium-term uptrend. Structure: Clean breakout above ₹233 and ₹259 with follow-through. Retest: Previous resistance held as support — bullish sign. Momentum: Strong bullish candles show institutional interest. Key Levels: Support: ₹259 → ₹233 → ₹205 Resistance: ₹291 → ₹305 zone Fundamental Analysis Business: Well-run private sector bank focused on MSME and retail. Asset Quality: Consistently low NPAs, conservative lending. Earnings: Stable growth with improving ROE. Quality: Strong management and regional franchise. Summary View High-quality bank with strong technical and fundamental alignment.