UNITED BREWERIES LTD. (UBL) – Bullish Setup from Demand Zone📈 UNITED BREWERIES LTD. (UBL) – Bullish Setup from Demand Zone | Price Action + Volume Analysis
🕒 Chart Type: Daily
📆 Date: July 3, 2025
🔍 What’s Catching Our Eye:
UBL has printed a strong bullish engulfing candle from the bottom range of ₹1,848, a zone that has historically acted as demand support. This move is happening after multiple tight sessions, suggesting potential breakout energy. While the candle shows strength, volume is unusually low, indicating the need for confirmation before high-conviction entries.
📊 Volume Footprint:
Despite the bullish candle, volume is not supportive. The breakout attempt lacks wide participation. This could either be a low-volume trap or a smart money accumulation zone. Look for a follow-up candle with higher volume for confirmation.
🧠 Technical Outlook & Trade Reasoning:
UBL has rebounded from its demand zone with a textbook bullish engulfing. Price action suggests momentum may follow, but the lack of volume signals a need for patience. Ideal scenario would be a high-volume green candle in the next session for breakout confirmation.
If volume picks up, swing traders can look for entries near ₹1,985–1,995, keeping SL at ₹1,922, and targeting ₹2,080–2,150 in the short term. A sustained move toward ₹2,300 is possible only if the intermediate zones are taken out with strength.
📌 Current Setup Details:
Entry Level: ₹1,988.00
Stop-Loss (SL): ₹1,922.20 (Risk per share: ₹65.80)
Master Level Confidence: 89.91% (as per STWP system)
⚠️ Invalidation Levels:
Close below ₹1,922 (SL level)
Breakdown below ₹1,848 (Demand Zone) on high volume
⚠️ Disclaimer:
This analysis is shared for educational and informational purposes only.
STWP is not a SEBI-registered advisor.
This is not a buy/sell recommendation.
Always consult your financial advisor before making investment decisions.
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BDL - Stock Analysis📢 Disclaimer:
This analysis is for educational and informational purposes only and should not be considered as financial advice. Market movements are subject to various factors, and past performance does not guarantee future results. Please conduct your own research and consult with a registered financial advisor before making any investment decisions. 📊⚖️
📊 BDL Market Overview
BDL opened at 1,061.9 and witnessed strong momentum, reaching a high of 1,148.6 before closing at 1,135.2 📈. The stock showed resilience, bouncing back from the day’s low of 1,057.3 and closing significantly higher than its previous close of 1,065.65 ✅. This upward movement indicates positive sentiment, with buyers showing strength throughout the session.
📌 Key Levels to Watch
BDL faces immediate resistance at 1,170 🚧, with further hurdles at 1,205 and 1,261 🔼. On the downside, support is seen at 1,079 ✅, followed by 1,022 and 988 ⚠️. A breakout above resistance could indicate continued strength, while a drop below key support levels may signal weakness. 📉
📊 Moving Averages Analysis
BDL is currently near its 50 EMA (1,124.49) 📉, with the 100 EMA at 1,151.01 and the 200 EMA at 1,138.21. The stock hovering around these levels suggests a crucial zone where further movement could decide the trend. A breakout above the 100 EMA may indicate strength 🚀, while dipping below the 50 EMA could bring caution ⚠️.
📊 RSI Breakout & Bullish Momentum
BDL has witnessed an RSI breakout 📈, signaling increasing buying strength. The presence of a strong bullish candle 🔥 further confirms momentum, indicating that buyers are in control. If this momentum sustains, the stock could test higher resistance levels 🚀. However, traders should watch for follow-through buying to confirm the trend ✅.
📊 Market Sentiment Overview
BDL is trading near key moving averages, indicating a crucial decision zone ⚖️. The stock has shown strong bullish momentum, closing well above its previous day’s level ✅. However, resistance at 1,170 🚧 may create short-term hurdles, while support at 1,079 is key for stability. The sentiment remains cautiously bullish, with a need for confirmation at higher levels.
🎯 Market Observation
If BDL breaks above 1,170, it could gain further strength toward 1,205 – 1,261 🚀. On the downside, a slip below 1,079 may lead to a test of 1,022 – 988 ⚠️. Moving averages suggest a critical juncture, where sustained buying could fuel an uptrend, while rejection near resistance may cause consolidation.
📢 Conclusion
BDL has strong momentum, but key levels must be watched for confirmation. A break above resistance could drive further upside 📈, while holding above support will be crucial for maintaining strength ✅. Market participants should stay alert to price action near moving averages and plan accordingly. 🚀