📉 Alert! Bullish Pattern Spotted 🐻 📊 Pattern: Bullish Continuation Wedge Pattern 📌 Symbol/Asset: UBL 🔍 Description: Overall bullish stock seems to have Bullish Trend Continue in days to come 👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
Buy above 1525 SL 1482 Target : 1598-1673 CMP @ 1512 June 18, 2023 Chart by CA Savita Rehlan
UBL Is ready for fly keep on radar as volume also gaining and rounding bottom pattern following if goes above market label it will go up to target point
#UBL - BO after Bouncing from an important support - Validated with Volume - Bullish RSI -: Facing 200 EMA as resistance
Great volume Sustained for 2 candle on 2 hour chart RS POSITIVE on 2 hourly chart. Small take profit small stop loss.
UBL : GAP Filling Pending Long only above 1513 with immediate support at 1500
- BO validated with volume - Above key EMAs - Bullish RSI
In the Weekly Chart of UBL, we can see that; it can show a W pattern Recovery. it is building a good Price Action.
Lets study the next path for UBL. Once it breaks 1800, the third wave can end around 1960, then a pullback towards 1760, giving a more opportunity to add for tgt of 2100 by next year Sept'23
Triangle pattern break out can happen. Long Build up. 2050 & AVWAP support Volumes are high
Retraced from 61.8 levels. Target 1487 Only educational purpose.
If anyone wants to enter at UBl this is the right time because it is trading at very important level.Its a positional call ,holding period is 3 months. But dont trade without risk managemant. Happy trading !
Buy UBL Cmp - 1479.5 SL - 1421 ( Day Closing Basis ) Target - 1567/1590
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...
United Breweries Ltd Cmp 1446 dated 2-5-2023 1. Bearish Engulfing Candle after an uptrend. 2. Price down with Volume rise 3. RSI Reversal Sell Below 1435 target 1420-1400-1385 SL 1460 It is just a view, please trade at your own risk.
#UBL Cash -Positional call 20.04.2023 Looks good above 1450.10 Stoploss 1425 Tgt 1478-1480/1520 Cmp 1438.40
Analysis Criteria Used: 1. Please find the Chart Analysis done for UNITED BREWERIES or UBL as requested by one of our viewers 2. The analysis for the Trade ideas, has been done based on Trend analysis and Chart Patterns with Volume Buildups Focus On: 1. Always keeping your Risk Management in play 2. Using a Stop Loss; because it is your Best Friend 3. Always Plan...