UBL can be shorted with tight SL as per chart levels
Mentioned on chart. Short UBL below support levels.
Short at 1155 to 1150 target below 1100 in 1 to 2 days
Decisive close above 1275/80 levels will give NSE:UBL wings, can fly to retest 52 wk high of 1314 and close above that can take stock to 1400 levels. Buy above 1275 (once hourly candle closes above that) with SL of 1250, TGT: 1314/1353 and above
Off-late I started investigating more on predicting the next candle for the day and seeing enough success by using the patterns of various indicators. Pine scripting in tradingview has helped a lot to automate everything and create necessary signals. Based on the engine's call, tomorrow (26-Mar-2018) will be a super "RED" for NSE:UBL Sell below:...
Before trying this idea it should be noted this is a high risk long trade setup. The price has been rising up inside a main uptrend channel and currently just tested the baseline of this channel and tending to move inside an another baby channel. I would like to buy as close to the baseline of the baby channel as possible. There would be a breakout situation...
Ascending Triangle formation on UBL and it will break upside. Trade levels are mentioned on chart.