Buy UBL Cmp - 1479.5 SL - 1421 ( Day Closing Basis ) Target - 1567/1590
NSE:UBL #NSE:UBL formed Ascending triangle in 4 months consolidation, any time may show very good momentum !!
Timeframe: 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,...
The theory is like that support after breakout becomes a resistance and vice versa ,this is happening exactly with UBL. KEEP an alert on this zone
UBL is looking good above 1572 for the upper marked targets on the chart. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
UBL looking good to Buy if sustains above 1571 for the upper marked targets on the chart. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:UBL Observations: 1) On 15min time frame, It has made a big bullish candle on 2nd Sep. High of that candle was 1608.25 and low of that candle was 1564.20. Since-then it has been trading sideways in this range and not able to give sustainable breakout on either of side. Please refer below chart : 15 time frame. 2)On 1hr Time Frame: Previously it...
UBL share is near to breakout, stock is consolidating from 1st September between 1570-1600. . Stock get rejected four times from the level of 1600. . So if stock is giving the BREAKOUT you can make a position once it cross 1607. . Our Target is 1640, once it cross 1640 we can see more upward momentum.
NSE:UBL Observations: 1) On Daily time frame it took good support and reversal from 21DMA. And now it is in the critical range and it is to break it or leave it. Once it starts to stay and trade above 1475 level then it will be good for positional trade with 5% target. Please refer below chart : Daily time frame. 2) On 15 min time frame we can see...
Buy UBL at CMP on positional positional basis, Follow screenshot for Target & SL
TREND ANALYSIS & TRADE SETUP ! WAVE ANALYSIS !! Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. Wait for ENTRY CONFIRMATION ! Risk:Reward: 8-10 times.
was consolidating in narrow area , may give breakout either side. 1. Ubl looking strong above 1312, you can have a long position above it , with a stoploss of 1303. 2.Upside targets will be 1323 and 1333 consequently. 3. looking weak below 1294, for the targets of 1281 and 1271, maintain stoploss at 1303. 4.Idea will remain invalid if it opens big gap up or big gap down.
UBL (NSE Cash) LTP: 1206.65 Support: 1185.50 Resistance: 1242.15 Market cap: 307.86B Vol: 1.17M Rel vol: 2.27 Avg vol: 578.59K Float: 64.366M ***All technicals are bullish Daily chart (long term) The first support, 20 DEMA is at 1154.59 and the first resistance is at 1274.45 so the risk to reward ratio is close to 1:1 which is good. The chart is in an uptrend...
ubl chart analysis for intraday and swing trading
Satisfying multiple checks : 1. Oversold zone 2. Support turned resistance zone 3. Parallel Channel upper resistance 4. High wicks on upper side than lower Comment if you have any other doubts. Thanks !! Personal entry is taken... Can contact me at +91-9789598340 (whats-app)