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. ...
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...
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