Currently UBL Trading in Channel and price formation is HH HL Maximum chance to break the channel with next one month you can buy UBL 1460-1480 SL 1440 Target 1550 and 1600 within next 2-6 weeks.
UnitedBreweries broke out of a weekly double bottom or W pattern which is a bullish reversal pattern. Since the pattern formed and broked out on a Weekly Timeframe, I am bullish on #UBL for upcoming few weeks. Notice how price got supported and bounced from 200WMA multiple times before breaking out of the pattern. This shows long term bulls are strong. Expecting...
Buy UBL at 1500 SL 1400 closing tgt 1540/1620 ...Add more at 1480/70 if comes down if sustains above level then will give update... Reson to Buy is consolidation brekout and bullish candle form in Daily tfm with Volume based closing above swing resistance. Trade as per your risk CHART ANALYSIS
Price has been working as per the Weekly chart and just retracing into Daily Demand as a pullback to shoot to 1530 which was its Original Target, hence LONG ENJOY THE RIDE ! ! !
Price in Daily Supply will retrace till the Newly Formed Fresh Daily Demand.
Price reacted to a Weekly Demand and formed a fresh Daily Demand expecting to shoot from the same demand shown above. ENJOY THE RIDE ! ! !
bullish trend detect - pullback candle pattern - volume also confirm trend
UBL CMP 1415 Buy for targets 1450/1480 Strong breakout for targets SL as per choice
After today's opening I feel ubl to be a long candidate for near future.
UBL - Looks like an Approx 10% move above 1408 There are a few more things that are at Play. Most planes have 2 Wings
this guys might continue to drop even more following this demand zone that seems not to withstand price
UBL Short Term View Is Given SL is on 1,445 (Candle closing below 1,445) Entry is at 1,472.45 ( Any Candle closing above 1,472.45) Target is at 1,536.25 This View is purely based on Technical Analysis and is for education purposes only.
Ubl as per monthly looks like it facing some supply on higher levels in red zone.... If stock unable to clear red zone on the upside then orange zone waiting below..😉🤐 So no fresh long untill the time stock trade below red zone.....😇 Cmp ard 1450
Study purpose analysis....not recommendation...those who want to trade analysis then take trade
we are long on ubl focus on daily timeframe close above our green zone important
we are long on some stocks with proper stoploss and target always follow sl level our level zones are important
Cup and holder pattern breakout on weekly chart. And RSI pattern breakout too. Long term targets 2000++