FAHEEMSAM

#Oct16 - UBL (intraday+swing) - Major Resistance

Long
NSE:UBL   UNITED BREWERIES L
We could see a good in this stock as the stock has been continiously testing the resistance at 980. Also their is chance for a breakdown below 960.

  • Buy above 980
  • Sell below 960

Note:
  • Avoid the stock if a big gap up or gap down is seen
  • Enter after the breakout happens and not before it
  • Do not chase the market, i.e., do not get involved in late entries
  • Only enter with strict stop-loss and target
  • This is not a recommendation and is for educational purposes only.
  • always follow risk-reward and quantity management for the 100% of the times
  • The above mentioned idea may not work, so beware of the risk you are taking

Follow me on tradingview to get such intraday and swing picks everyday.
Happy Trading!!

Comments

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