UBL trade ideas
UBL BULLISH CALL buy above 1033.70... SL close below 1020 tp- 1068-1108
OI Analysis-
1000-1020 strike as max put writing which can act as good support... 1060-1080-1100 has good call writing which can act as resistance....
WAIT FOR UBL TO GO LONG AS PER 1 HR CHART THERE IS MORE CORRECTION HAPPEN AFTER THAT YOU GO FOR LONG IF IT GIVE SIGNAL
UBLUbl is near its demand zone, we can expect strong bounce back from here, supported by the 20 ema as well as its trying to take support at 50 on rsi
Retracement of price upto 0.5 also complete, looking good for a swing perspective
Watchout for UBL!!UBL chart showed an inverted Head and Shoulder pattern with a straight neckline at its resistance zone. There was also the formation of Cup and Handle Pattern. Both these patterns are bullish patterns. On 2nd Sept the charts broke out of the patterns with Ultra High Volumes. The stock had a swing and is again trading near its resistance zone. This can be a strong buying position for positional trading
ublubl:- 1089 breakout with good vol then tgt 1229.35 sl 1000 clbs
#Disclaimer:-I just shared view for only educational purpose.
UBL Bullish Cup & Handle Breakout Target 1200Cup & Handle Breakout
The Stock can be bought above 1099 levels
Target 1184
Target 1220
Stop Loss 990 levels
United Breweries Limited Head and Shoulders breakoutDip towards 1070-50 long opportunity for 1200 SL 1000 on daily closing basis.
Disclaimer: Calculated and plotted values may vary and change. This investment/trade may not be suitable for all investors. Do your own study or ask your financial advisors before investing.
United Breweries - Ascending Triangle breakoutNote: 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.
Mcdowell: Inverese H&S Invesrse Head and shoulders pattern in UBL.
Broke Neckline of 1067 today with very heavy volume at the end of the right shoulder.
CLear long signal..
Major resistance is near 1200 levels.
1200 is on the cards very soon.
