United Breweries (UBL) Daily ChartChart Type: Heikin Ashi
Timeframe: Daily
Technical Data:
Support Zone: 1535 to 1551
Upside Target 1: 1602
Upside Target 2: 1687
Downside Target 1: 1472
Trendline: Positive
1472 Level : Strong Support
Moving Averages: negative
Bollinger Bands:
Volatility Range: 1502 to 1669
Breweries
10/11/2021 Research Report For UBLDisclaimer:
I am not SEBI registered person and this is not an investment advice and also please note this is only for education purpose. Also note we can use this research in my own portfolios. So don't influence yourself by this research. Please note before investing according to this educational research, please do own research and also do take advice from your financial adviser. Your any profits and loss are totally your liability. No one is liable for that. Also, please note we will not never compensate your any loss. So before investing any single rupee, please do your own research according to your risk taking capacity and after that do invest and book profits on right time.
Buy at C.M.P (Current Market Price) to maximum 1790
Target 1: 1840
Multi Year Breakout in UBLA multi-year breakout is about to happen in UBL on a weekly basis. Golden crossover has already happened in the Daily chart and is bound to happen in the Weekly chart which will create a new All-time High for this stock. With higher vol in the previous weeks, this stock will be able to deliver good returns in short to medium terms.