📈 UNITED BREWERIES LTD. (UBL) – Bullish Setup from Demand Zone | Price Action + Volume Analysis
🕒 Chart Type: Daily
📆 Date: July 3, 2025
🔍 What’s Catching Our Eye:
UBL has printed a strong bullish engulfing candle from the bottom range of ₹1,848, a zone that has historically acted as demand support. This move is happening after multiple tight sessions, suggesting potential breakout energy. While the candle shows strength, volume is unusually low, indicating the need for confirmation before high-conviction entries.
📊 Volume Footprint:
Despite the bullish candle, volume is not supportive. The breakout attempt lacks wide participation. This could either be a low-volume trap or a smart money accumulation zone. Look for a follow-up candle with higher volume for confirmation.
🧠 Technical Outlook & Trade Reasoning:
UBL has rebounded from its demand zone with a textbook bullish engulfing. Price action suggests momentum may follow, but the lack of volume signals a need for patience. Ideal scenario would be a high-volume green candle in the next session for breakout confirmation.
If volume picks up, swing traders can look for entries near ₹1,985–1,995, keeping SL at ₹1,922, and targeting ₹2,080–2,150 in the short term. A sustained move toward ₹2,300 is possible only if the intermediate zones are taken out with strength.
📌 Current Setup Details:
Entry Level: ₹1,988.00
Stop-Loss (SL): ₹1,922.20 (Risk per share: ₹65.80)
Master Level Confidence: 89.91% (as per STWP system)
⚠️ Invalidation Levels:
Close below ₹1,922 (SL level)
Breakdown below ₹1,848 (Demand Zone) on high volume
⚠️ Disclaimer:
This analysis is shared for educational and informational purposes only.
STWP is not a SEBI-registered advisor.
This is not a buy/sell recommendation.
Always consult your financial advisor before making investment decisions.
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Share your thoughts in the comments ⬇️
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🚀 Let’s trade with patience, logic, and clarity!
🕒 Chart Type: Daily
📆 Date: July 3, 2025
🔍 What’s Catching Our Eye:
UBL has printed a strong bullish engulfing candle from the bottom range of ₹1,848, a zone that has historically acted as demand support. This move is happening after multiple tight sessions, suggesting potential breakout energy. While the candle shows strength, volume is unusually low, indicating the need for confirmation before high-conviction entries.
📊 Volume Footprint:
Despite the bullish candle, volume is not supportive. The breakout attempt lacks wide participation. This could either be a low-volume trap or a smart money accumulation zone. Look for a follow-up candle with higher volume for confirmation.
🧠 Technical Outlook & Trade Reasoning:
UBL has rebounded from its demand zone with a textbook bullish engulfing. Price action suggests momentum may follow, but the lack of volume signals a need for patience. Ideal scenario would be a high-volume green candle in the next session for breakout confirmation.
If volume picks up, swing traders can look for entries near ₹1,985–1,995, keeping SL at ₹1,922, and targeting ₹2,080–2,150 in the short term. A sustained move toward ₹2,300 is possible only if the intermediate zones are taken out with strength.
📌 Current Setup Details:
Entry Level: ₹1,988.00
Stop-Loss (SL): ₹1,922.20 (Risk per share: ₹65.80)
Master Level Confidence: 89.91% (as per STWP system)
⚠️ Invalidation Levels:
Close below ₹1,922 (SL level)
Breakdown below ₹1,848 (Demand Zone) on high volume
⚠️ Disclaimer:
This analysis is shared for educational and informational purposes only.
STWP is not a SEBI-registered advisor.
This is not a buy/sell recommendation.
Always consult your financial advisor before making investment decisions.
💬 Found this helpful?
Share your thoughts in the comments ⬇️
🔁 Spread the insight with fellow traders
✅ Follow STWP for smart technical setups backed by volume and price action
🚀 Let’s trade with patience, logic, and clarity!
📊 STWP | Mentor | Demand & Supply Specialist
🎯 Helping you become a self-reliant & independent trader
🎓 Learn more: simpletradewithpatience.com
📲 WhatsApp: wa.me/919987567889
🔍 Trade with Clarity. Learn with Patience.
🎯 Helping you become a self-reliant & independent trader
🎓 Learn more: simpletradewithpatience.com
📲 WhatsApp: wa.me/919987567889
🔍 Trade with Clarity. Learn with Patience.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📊 STWP | Mentor | Demand & Supply Specialist
🎯 Helping you become a self-reliant & independent trader
🎓 Learn more: simpletradewithpatience.com
📲 WhatsApp: wa.me/919987567889
🔍 Trade with Clarity. Learn with Patience.
🎯 Helping you become a self-reliant & independent trader
🎓 Learn more: simpletradewithpatience.com
📲 WhatsApp: wa.me/919987567889
🔍 Trade with Clarity. Learn with Patience.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.