bhagat109

Flag pattern in UBL

Long
NSE:UBL   UNITED BREWERIES L
UBL has broke the 200 DMA with huge volumes.
It is taking support on 200 DMA and consolidating since 5 days forming a flag pattern .
Target: 1150 (roughly length of the flag pole)
SL: 200 DMA
Trade active: Nice breakout from the flag. That too with above average volumes.

Comments

Hello sir,
What is DMA
Reply
bhagat109 suhail369
@suhail369, Daily Moving Average. or Simple Moving Average
(DMA = SMA = MA)
Reply
suhail369 bhagat109
@bhagat109, thanks
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out