UBL

Jan 21, 2019

Ascending Triangle Breakout, breakout of Triple Top chart pattern. Now any correction towards breakout zone will give buying opportunity with small SL. Target is 1500 to 1515. At 1500 Call bears are holding onto the highest OI position --total 70700 shares. So this will be a stiff resistance area-- wont be easy to be cleared by bulls. OI support comes at 1360 --Put position --37100 shares held by bulls.