UBL on channel trendline. May reverse from here.Bullish abv 1320Entry exit mentioned in chart. Comment your view.
UBL trade ideas
UBL BREAKOUT BREAKOUT DOWN LEVELSPURELY FOR STUDY PURPOSE. STRICTLY FOLLOW THE LEVELS. SL IS MAX 6-7 POINTS. BREAKOUT POSSIBLITY IS HIGH. GOOD LUCK
NSE:UBL
united breweries l NSE:UBL
refer chart for day trading levels
trading tips:-
1) don't Invest more than 10% of your total seeds in any call.
2) Never trade without stop loss.
3) Use trailing stop to maximize your profits
UBL BULLISH THERE IS HAMMER CANDLESTICK FORM ON HOURLY CHART AT DEMAND ZONE.
SO I SEE BULLISH REVERSAL FOR MENTIONS LEVELS
UBL WILL TOUCH 1280 LEVELS SOONER....UBL WILL TOUCH 1280 LEVELS SOONER....
ENTRY LEVELS 1230-1245...
KEEP A STRICT STOP-LOSS OF 1222 ON 1D CLOSING BASIS
Long One can wait for reversal on daily and Go for one more sharp rise and book near the forecast target
UBL - buy at lower levelsBuy from 1231 to 1220
daily clbs sl 1218.2
tg 1270/1290/1320
Try to buy around 1220.
Long One can wait for reversal on daily with this structure and look for buy set up for next move up
UBL weekly chart analysisAs seen on UBL weekly chart the upside looks capped and there is a high probability of a bearish move once 1215 is broken.
UBL bulls who bought it at very low levels and currently holding it with profit can book profit on every rise or maintain a save profit at 1215 to preserve your profits.
Investors avoid it completely (even buying on dips/averaging).
Lets wait for UBL to test the channel bottom and we can decide our next move after that.
UBL - Channel.Moving In Channel.
Trend Line Resistance.
Fibonacci.
Other Details Mentioned In Chart.
Positional View For Educational Purpose Only.
Please Consult Your Financial Advisor Before Taking Any Decision.
I am not SEBI Registered Financial Advisor.
UBL - Bearish Gartley - 4H TFBearish Gartley pattern on 4H Chart of UBL. SELL 1399-1400, SL 1420.1, Target(s) - 1383, 1375. MAYBE POSITIONAL
