No Personal suggestion for any buy / sell. B - 1102 Down trend line follow for buy blue lines are target Possible to come down in channel.
Note: This is for educational purpose only There is an ascending triangle bullish breakout with ultra high volume. Moreover, RSI is above 60 which indicates bullish momentum.
7 years and in the same channel. Such a iconic company and sales of meagre 6500 (mar 19 and Mar 20) !! Do they book the sales somewhere else !!
NSE:UBL UBL has given a breakout above its resistance with good volume. The stock looks bullish now for a movement towards 1080/1130. RSI(14) > 60 PRICE > 50EMA Keep SL as per your RR. I will trail my SL after TGT1 hits.
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
United Breweries is again and again testing the support, currently in a Downtrend, and can be a good candidate to short once it breaks this important Support
UNITED BREWERIES (United Breweries Limited) BUY ABOVE 1380
Good Level To Short with target below 950
Decisive close above 1275/80 levels will give NSE:UBL wings, can fly to retest 52 wk high of 1314 and close above that can take stock to 1400 levels. Buy above 1275 (once hourly candle closes above that) with SL of 1250, TGT: 1314/1353 and above