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UBL

Symmetric Triangle Breakout in United Breweries In a daily Chart, already there was a symmetric triangle breakout. Probable target is given in the chart as per pattern. If it is coming for retest then 1600 should be major support next support will be 1550. These are the good level for entry, keeping stop loss below breakout candle's low that is 1490. Which is good risk reward ratio. As per the current market situation, is better take trade in Future and option Segment with proper risk reward and hedging. For cash Market enter with minimum capital based on risk apatite as we can't keep over night stop-loss. This is just a view not recommendation to trade, do your own analysis before doing any trade. NSE:UBL
NSE:UBLLong
by varun_devadiga
UBL - retest + breakout on reversal - Swing tradeThe analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
NSE:UBLLong
by TradewithAditya
NSE UBL is Declining, But Major Support Is AheadTimeframe: weekly UBL created an all-time high at 1785 and started declining to overcome the demand pressure. Bulls pushed prices extremely high, and bear found that convenient to sell. The stock has respected equilibrium in the parallel channel. At this glance, the price is at the lower band of the parallel channel. If the price breaks the parallel channel, it has to break the pivot level 1452 . Or the price will give a fake-out and enter into the channel. The level of 1452 was a monthly resistance level, which became the support level for the current price. We can strong move below this level, and rejection will lead us to the end of correction. Timeframe: Daily After creating the extreme low of 749.50 , UBL has started forming an ascending channel. Excess: In this channel, we can see five excess at the upper band of the Parallel lines. 1. Excess - 1008 2. Excess - 1047 3. Excess - 1166 4. Excess - 1329 5. Excess - 1185 We also have two excess on the lower band of the parallel channel. 1. Excess - 912 2. Excess - 1051 It indicates that supply pressure has always tried to push the price up. At high prices, bulls realized that They couldn't push anymore. Seller started controlling demand pressure by supply. Bull responded to selling pressure with a responsive move. Less excess on the lower band means that buyers haven't missed responding. No trading zone: No trading zone is an extent wherein speculators or investors are avoid trading. At the upper band, the length of the no trading zones is similar. Zone 1: 80 bars, 117 days zone 2: 82 bars,124 days [ Control Line: The Control line has provided nine touches to the price. Price has tried to break the control line more the three times, but it couldn't break the control line, and the price fell to the lower band of the parallel channel. Stand Point: We are using a pivot zone at 1452 to avoid fake-outs. If the price breaks the pivot level, it can go for 1390-1311 . hence, the price is bullish only above the pivot level. I will upload further information before tomorrow's market bell.
NSE:UBL
by forextidings
7
UBL - POTENTIAL POSITIONAL OPPURTUNITYUBL is on a multiple time tested support and is also getting several bounces from the 200 ma cluster. A great swing opportunity can be captured for 15%-20% gains On daily tf 1485 - 1500 is a well maintained support and the stock has managed to close above that for several times. 200 MA last resort to bulls and shows a good bounce. Sitting on the BOS & Flip Zone Support buy (Small sl risky trade/ better reward) - 1500 Breakout buy - 1570 Targets mentioned in the chart above Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding. Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
NSE:UBLLong
by this_is_shoaib