United Breweries Ltd for Long-Term investment?Starting date 01Jul2008
First low 01jan2009 @63.05 and it is low to All-Time.
All-Time High 03Jun2024 @2,182.45
United Breweries Limited (UBL) is engaged in the business of manufacture and sale of beer and non-alcoholic beverages.
The Co markets its products under the flagship brands Kingfisher and Heineken. Some of the most popular brands in its portfolio include Kingfisher Premium, Kingfisher Ultra, Kingfisher Strong, Kingfisher Ultra Max, UB Export Lager, London Pilsner etc.
The Co has a market share of 54% in the Indian beer market as of March 2022. In FY21, the Co unlocked the African continent by foraying into seven countries: Kenya, South Sudan, Ethiopia, Tanzania, Uganda, Democratic Republic of Congo and Seychelles. With this expansion, the Co now has a strong presence in more than 50 countries, and will continue to expand into similar such potential markets in the future.
In FY21, The Co leveraged its long-standing association with ‘Sunburn’, Asia’s biggest electronic dance music festival as a platform to promote home consumption. Kingfisher sponsored ‘Sunburn@Home’ which was streamed live on Facebook and Instagram, reaching 50 Million people. The Co also got associated with IPL cricket teams via two of its best-known campaigns, the iconic ‘Divided by Teams, United by Kingfisher’ campaign and the more recently launched ‘Kya Plan Hai’ campaign.
Kingfisher Storm has extended its footprint by entering the Northern markets of Delhi & Rajasthan. Amstel International, slow brewed Beer also continued its footprint expansion in Haryana, Telangana & Maharashtra which were added to the list of Amstel markets post the gradual unlocking in FY21.
Domestic- 99%
Export- 1%
The Co’s top 2 customers accounted for 33% of its total revenue in FY22.
Market Cap 54,601Cr INR, Stock P/E 133, Current 2,065INR, ROCE 13.5 %, ROE 10.1%, Debt to equity 0.02 Company is almost debt free.
Company has been maintaining a healthy dividend payout of 68.6% , Promoter holding 70.8%, Return over 3yr 13.9%, Return over 5yr 8.55%, ROE 3yr 9.35%, ROCE 3yr 12.7%, Industry PE 31.8, Net Profit 411Cr INR
I think this company is good for long-term investment.
I WELCOME YOUR THOUGHTS. BE SURE TO SHARE YOUR THOUGHTS ON THIS.
Unitedbreweries
UBL Brewing down to its Major Support ??!!!Chart patterns look apt for a short trade in UBL
REASONS
1. In Monthly time frame, UBL has been trading inside an Ascending channel pattern taking support and resistance at perfect levels till now. (shown below)
2. Right now, it is under its down swing move inside the Ascending channel pattern
3. In Daily timeframe , Bearish Flag pole pattern developing and due for BREAKDOWN!!! (shown below)
4. In 4 hr time frame, it is looking good to enter the trade ( STRUGGLING TO MAKE HIGHER HIGH)
5. Entry can also be after a 2hr breakdown out of the flag pattern(pink line)
6. Target(bright green)& strict SL(bright red) levels mentioned as Horizontal dashed lines
Let's wait & watch how it moves!!!!
NOTE - Just sharing my view....not a tip nor advice!!!
Regards,
mmjimm ;-)
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.
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.
UBL LONG SETUP NSE:UBL
Aggressive entry at CMP 1335
Retest entry of at around 1310-15
Stop Loss at below 1235 on daily closing basis
Short-term target 1504, 1563, 1645++
Nice formation of IH&S Pattern
Disclaimer -
This is our personal view and this analysis is only for educational purposes.
Please consult your advisor before investing or trading.
You are solely responsible for any decisions you take on basis of our research.
Simple Trade Setup | UBL | 13-09-2021NSE: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 has made the breakout of W pattern and made very bullish move after the breakout.
Please refer below chart : 1hr time frame.
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Trade Setup for Date 13-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
Please refer below chart for levels.
4) Better to avoid trading in the 1563-1608 range if you are new trader. But one can do scalp between this levels with blue marked levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
#UBL #unitedbreweries potential breakout#UBL #unitedbreweries potential breakout
breaking out of a major 3 year old resistance and weekly momentum rang shift and bounce in progress
could go long if a green close seen above the resistance on daily. Momentum
and trend is bullish all around. Could be into watchlist for now
Simple Trade Setup| UBL | 31-08-2021NSE: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 that it has been trading in parallel channel/
Please refer below chart: 15 time frame.
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Trade Setup for Date 31-08-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level tomorrow.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
UBLUBL (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 with all candles creating a higher top and higher bottom pattern.
20 DEMA is in a bullish reversal but is still trading under 100 DEMA.
MACD, just like DEMA is in the bear zone but with a bullish reversal.
RSI on the other hand is strong in the bullish zone trading well above the 50 levels.
***all signs look good.
Hourly chart (medium term)
candle patterns are unclear but the chart looks to be in an uptrend.
MACD is in the bullish zone but is trading sideways.
RSI is in the overbought zone.
***We can expect a running correction.
15m charts (short term)
20 DEMA is trading above the LTP at 1203.39 and the candles have closed below it at 1198.50. My first support comes at 1185.50 so we will wait and see if these levels are broken or respected.
There is a lot of selling pressure on MACD in this period but RSI has shown strength and has managed to respect the 50 level.
***The daily charts look good which means we will go long for short term targets of 1240 and 1270 but we will also wait for the right entry signals.