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UBL SWING TRADE IDEA

Long
UNITED BREWERIES L (NSE:UBL)  
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NSE:UBL   UNITED BREWERIES L
Trend Analysis Chart Patterns ublltd UBL unitedbrewerieslimited unitedbreweries
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trendanalysis chartpattern ublltd ubl unitedbrewerieslimited unitedbreweries
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
Comment:
Target 1 HIT then reversed
Trade closed manually:
TRAILING SL HIT
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