UNITED BREWERIES LTD
Long
Updated

UBL SWING TRADE IDEA

92
UBL

UBL has given a breakout above its resistance with good volume. The stock looks bullish now for a movement towards 1080/1130.

RSI(14) > 60
PRICE > 50EMA


Keep SL as per your RR.
I will trail my SL after TGT1 hits.
Trade active
Retracement is complete
Bought at 1012
SL near 980 or 5EMA DCB
Note
Target 1 HIT then reversed
Trade closed manually
TRAILING SL HIT

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.