UBL trade ideas
UBL - Expecting breakoutOn daily chart - triangle (yellow line)
On weekly chart - channel - (purple line)
On monthly chart - (whitish line)
All are on same zone. Expecting some breakout soon.
Can be traded both the sides based on the trend lines.
Disclaimer - This is my own analysis and view. You might want to analyse yourself before trading.
Multi Year Breakout in UBLA multi-year breakout is about to happen in UBL on a weekly basis. Golden crossover has already happened in the Daily chart and is bound to happen in the Weekly chart which will create a new All-time High for this stock. With higher vol in the previous weeks, this stock will be able to deliver good returns in short to medium terms.
UBL - Supply Zone break expectedPrice trading at the supply zone and it has all possibilities to break this level and record new high in the coming weeks.
UBL Multi-Year Resistance BreakoutAs can be seen in the chart,
In the past, in 2018 and 2019, UBL has formed a triple-top pattern.
UBL is now edging closer to the same resistance level of 1478.95.
On the daily chart , we can see a bullish marobuzo, and on the weekly TF, we can see a hammer candle near the trendline.
Bullish candles and the absence of the concept of four-tops formation suggest that the market is strong enough to finally break over a multi-year resistance level and achieve new highs.
Once a breakout occurs, it would confirm the ascending triangle breakout, which can lead to a target of ~2000 levels.
Width of the triangle is measured to project the target.
ubl - buyBuy from 1384 to 1376
easy target - 1415
tg2 - 1434
Disclaimer : This is my personal analysis for study purpose not intended for trading
UBL Looks bullishUBL forming a triangle pattern, if this pattern is broken then only take the trade.
Possibility of trade in UBLTrading in a narrow channel.
Both side trade possibility.
breakdown on either side- upper/lower.
UBL Disinvestment & Downtrend Start !!TREND ANALYSIS & TRADE SETUP !
WAVE ANALYSIS !!
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for ENTRY CONFIRMATION !
Risk:Reward: 8-10 times.
STOCK FOR THE MONTH UBLGood evening friends, welcome for details please watch video level to remember is 1460
We are only expressing our opinion and no recommendation is there please.
Regards.
UBL at swing lowUBL, after crossing the resistance, took support and showing signs of an uptrend.
Also at its swing low in the uptrend channel.
Target below the strong resistances.
Study the chart and trade.
Wait for further retracement to support for a safer entry.
NSE:UBL
UBLWAIT FOR+++++++++++++ BREAKOUT ++++++++++++OR+++++++++++++++BREAKDOWN
========================ENTER WITH RETEST===================
+++++++++++++++++Confirm with the candlestick rejection and your other technical source++++++++++++++++++++++++++++++
---------------------------------{IF YOU DRAW THOSE IMPORTANT ZONES IN 5MIN CHART IT LOOKS GOOD}---------------------------------
====FOR EDUCATIONAL==== NSE:UBL
UBL go long , 1:5 Risk:Reward ratioI will buy UBL because :
It has been taking support at the trend line .
It has been consolidating and give big move soon.
So will be looking at buying opportunities.
If it breaks the support look at shorting
Entry : 1107
Target : 1276/1300
Stop loss : 1039
Chart of the Week: UBLUBL has been rising slowly at a slower pace and last week it has a breakout. After breakout this is likely to go up further at a faster pace.
UBL : H&S pattern breakout UBL : H&S pattern breakout
> BO given
> Very Good Volume
> H&S Pattern given
> Can go till 1400, 1440, 1500, 1560
> Enter till 1300
> Support 1236
> Good R:R
For Educational purpose only. all are personal.
Contact your financial advisor before investing
#33 (GENIE IDEAS) UBL SWING POSITIONALTRIANGLE BREAKOUTS. MULTI TIME FRAME ANALYSIS I will daily post intraday/swing/positional trading opportunities so u can analyse and get the most from it. if you like my analysis do like and follow me as a token of appreciation.and if you have any queries let me know. bye
3 reasons to buy stock1) Inverse head and shoulder pattern breakout.
2) Strong resistance breakout.
3) Breakout with Huge Volumes.
Can be bought now or at the time of retest around 1320-1315 for a target of 1400.
Please like and follow!
Happy Trading :)
PS- I always believe in trading in stock with good to medium fundamentals(can also be seen from my history of suggested stocks). The success mantra for trading is to mix fundamental and technical analysis to protect capital.
