UBL GOOD LONG CANDIDATE
UBL SPOT CMP 1297
NEAREST RESISTANCE IS 1308 LEVELS,, ABOVE THAT COUNTER MAY GIVE SHARP UP MOVE OF 5-7-10%
ASCENDING TRIANGLE PATTERN FORMATION HAVING RESISTANCE LINE AROUND 1308
INVERSE HEAD AND SHOULDER PATTERN FORMATION HAVING NECKLINE AROUND 1308
VCP PATTERN FORMATION CONFIRMS BREAKOUT ABOVE 1308 LEVELS
Long positions can be created above 1310 levels ,, with stoploss of 1270 on hourly closing basis,, for upside targets of 1375-1400-1425-1450..
Good long candidate.
NEAREST RESISTANCE IS 1308 LEVELS,, ABOVE THAT COUNTER MAY GIVE SHARP UP MOVE OF 5-7-10%
ASCENDING TRIANGLE PATTERN FORMATION HAVING RESISTANCE LINE AROUND 1308
INVERSE HEAD AND SHOULDER PATTERN FORMATION HAVING NECKLINE AROUND 1308
VCP PATTERN FORMATION CONFIRMS BREAKOUT ABOVE 1308 LEVELS
Long positions can be created above 1310 levels ,, with stoploss of 1270 on hourly closing basis,, for upside targets of 1375-1400-1425-1450..
Good long candidate.
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