UBL in Rising ChannelNSE:UBL is in a rising channel in the daily time frame with good volume and can continue its upward move to ATH Levels.
UBL trade ideas
United Breweries symmetrical triangle pattern breakoutThe chart for United Breweries on the daily timeframe shows a bullish trend forming with the price currently at ₹2124.15. The price has recently broken through resistance (around ₹2100-₹2120), following a symmetrical triangle pattern, suggesting a potential breakout to the upside. The stock has respected the rising trendline for support.
The RSI is at 61.91, indicating strength but not yet overbought, leaving room for further upward momentum.
Volume has also increased on the breakout, which adds confirmation to the bullish signal. Immediate resistance appears around ₹2150-₹2200 while support is near ₹2050 Overall, the chart shows bullish potential, but price action around resistance levels should be monitored for any reversal signs.
UBL looks promising for a swing tradeIn the major trend, the stock is in an uptrend, and in the minor trend, the price has consolidated just below a key resistance line, as highlighted in the chart. Recently, this resistance line was broken, and the price has since retested it, successfully finding support at that level. Given the overall technical setup, this appears to be an opportune moment to consider entering a swing trade in this stock.
BULLISH ON UBLUBL is testing lower support of the ascending channel. There is high probability that it may test the upper band of the channel.
I am bulling considering present scenario but if this channel is broken we may see new lower lows formation.
I am already in this at CMP 2000 with a small SL at channel below.
Trendline Role Reversal Buy Set upMonthly RSI 60 and Daily at 40
Trendline Role reversal
61 Fib in daily chart
United Breweries Ltd for Long-Term investment?Starting date 01Jul2008
First low 01jan2009 @63.05 and it is low to All-Time.
All-Time High 03Jun2024 @2,182.45
United Breweries Limited (UBL) is engaged in the business of manufacture and sale of beer and non-alcoholic beverages.
The Co markets its products under the flagship brands Kingfisher and Heineken. Some of the most popular brands in its portfolio include Kingfisher Premium, Kingfisher Ultra, Kingfisher Strong, Kingfisher Ultra Max, UB Export Lager, London Pilsner etc.
The Co has a market share of 54% in the Indian beer market as of March 2022. In FY21, the Co unlocked the African continent by foraying into seven countries: Kenya, South Sudan, Ethiopia, Tanzania, Uganda, Democratic Republic of Congo and Seychelles. With this expansion, the Co now has a strong presence in more than 50 countries, and will continue to expand into similar such potential markets in the future.
In FY21, The Co leveraged its long-standing association with ‘Sunburn’, Asia’s biggest electronic dance music festival as a platform to promote home consumption. Kingfisher sponsored ‘Sunburn@Home’ which was streamed live on Facebook and Instagram, reaching 50 Million people. The Co also got associated with IPL cricket teams via two of its best-known campaigns, the iconic ‘Divided by Teams, United by Kingfisher’ campaign and the more recently launched ‘Kya Plan Hai’ campaign.
Kingfisher Storm has extended its footprint by entering the Northern markets of Delhi & Rajasthan. Amstel International, slow brewed Beer also continued its footprint expansion in Haryana, Telangana & Maharashtra which were added to the list of Amstel markets post the gradual unlocking in FY21.
Domestic- 99%
Export- 1%
The Co’s top 2 customers accounted for 33% of its total revenue in FY22.
Market Cap 54,601Cr INR, Stock P/E 133, Current 2,065INR, ROCE 13.5 %, ROE 10.1%, Debt to equity 0.02 Company is almost debt free.
Company has been maintaining a healthy dividend payout of 68.6% , Promoter holding 70.8%, Return over 3yr 13.9%, Return over 5yr 8.55%, ROE 3yr 9.35%, ROCE 3yr 12.7%, Industry PE 31.8, Net Profit 411Cr INR
I think this company is good for long-term investment.
I WELCOME YOUR THOUGHTS. BE SURE TO SHARE YOUR THOUGHTS ON THIS.
Possible upside for UBL #ubl keep in radar for upside entry.
Buy near 2053 with sl 2000.
Target will be 2180
#options
UBL Short Periiod BuilishLevels mentioned in chart as per data i see support around 2100 and resistance 2200 in between try to make Longs at Support and same Shorts at 2200 My decision is better 2140 CE & PE would give better results.. Just a view not a Reco...
Head & Shoulder pattern breakout in UBLUNITED BREWERIES LTD
Key highlights: 💡⚡
✅On 1 Hour Time Frame Stock Showing Breakout of Head & Shoulder Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 2052+.
✅Can Go Long in this Stock by placing a stop loss below 1988-.
Descending Channel pattern breakout in UBLUNITED BREWERIES LTD
Key highlights: 💡⚡
✅On 1 Hour Time Frame Stock Showing Breakout of Descending Channel Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 2145+.
✅Can Go Long in this Stock by placing a stop loss below 2095-.
UBL Stock has broken important trendline Trading above it.
The upside potential is of 2300 - That can be seen as an immediate move.
Not a buying Recommendation in any sense. Just FYI
Use your own Research and Analysis before buying.
Follow & boast for more.
UBL is ready for Correction UBL us around the long term Resistance !!
UBL may correct around 2200-2300 level if Resistance is not broken
Also if anyone already has the stock then they may use trailing Stop Loss to limit their Loss and to book Maximum profits from it
Also Stock is making Broadening Pattern on a Daily timeframe
If stock sustain above 2200-2300 levels then It will be multiyear breakout and we can see huge upsidde in months to come
But for now Its around the resistance !!
Thank You !!
Double Moving Average Crossover - UBL📊 Script: UBL
📊 Sector: Alcoholic Beverages
📊 Industry: Breweries & Distilleries
Key highlights: 💡⚡
📈 Script is trading at upper band of BB and giving Breakout of it.
📈 MACD is giving crossover .
📈 Double Moving Averages are giving crossover.
📈 Right now RSI is around 68.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 2035
🟢 Target 🎯🏆 - 2219
⚠️ Stoploss ☠️🚫 - 1950
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
UBL AnalysisUBL having a good bullish setup. Pulled back after a strong breakout. Belonging from FMCG sector which is building strength. UBL being the early bird, looks well poised to go up.
Summer Stock_UBLUBL broke recent Market structure and Ready to Shoot-up.
Long May_2024 Futures and Wait for entry as per the prediction.
UBL has made record sales in INDIA due to summer season and Stock is also Supporting As per the fundamental news.
Ride the trend until it breaks the previous market structure and Stoploss is 200 EMA.
Happy Trading!!.
Only for educational purpose.
UBL C&H BREAKOUT WCBUBL breaking c&h pattern
#weekly basis,good volume building up
macd crossover done
trading at ATH
#target 2400
#positional trading
EDUCATIONAL IDEA
UPL-long for 10 % moveon weekly charts , price forming a hammer
MACD 3-6 about to crossover in positive direction
Target and SL marked
[Swing Trade] UBL 1925 - FUTGood breakout in UBL after long time. Let's see if it can make ATH :)
I bought UBL FUT at 1925 - UBL was trading around 1920 in cash market.
UBL CHARTubl chart trading near its 52 weeks high, note that the volume is also looking good. so its time to add to your watchlist
A channel breakout likely!!UBL CMP 1837
I had recommended this counter before. A monthly close above 1900 will be very positive. I will say lap on to this one on a close above 1900. My minimum tgt is 2900 on this.
