The fundamentals of City United Bank shares’ look strong YOY and besides, its technical also looks good. Comparatively, it is in falling direction for now but overall trend is bullish. This tells us that we can buy this share.
I would recommend to buy 50% of shares now and 50% when it touches to the last support point which is at about Rs 130.
Going by fundamental, the target would be nothing and advice would be to keep this share and going by technical, the target should be anything between 164-167.
I would add this share to my kitty and will find more to add. I hope everyone makes money.
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