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vikramsthakkar
Jan 6, 2018 2:19 PM

UBL(1150): #BullishFlagBreakout Long

UNITED BREWERIES LNSE

Description

UBL has closed with flag breakout on weekly chart with rise in volume and accumulation in past weeks

Going forward strong base formed @ 1020-1070, till holds expect rally to continue towards 1190-1220
Break and close above 1220 will further strengthen rally towards 1285-1365 levels

Traders buy in range 1100-1150 with stop below 1070 for Targets 1190-1220
Wealth Accumulators accumulate in range 1080-1150 with stop below 1010 for Targets 1365-1470
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