Buy UBL At Cmp 1505 & On Dips SL - 1460 ( Weekly Closing Basis ) Target - 1600/1700
: entry & exit is very important : try to manage money management : know your stop loss : find the chart pattern / analysis the chart before you enter
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,...