UBL CROSSING BELOW 8, 13, 21 AND 55 SMA - SELLSELL IF IT CROSSES BELOW 1320
TGT 1 - 1290
TGT 2 - 1260
UBL trade ideas
UBL - Supply zone + Bearish Crab Pattern on daily chart Trend liUBL - Supply zone + Bearish Crab Pattern on daily chart Trend line broken
Short @ 1436-1402
For target of 1360-1327-1293-1245
UBL - Showing signs of reversalCheck the chart. Consolidating. As long as it takes the support of trendline, buy on dips.
UBL Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
LONG UBL || SL : 1354 || BUY ON DIP - FOR 12TH FEBBuy UBL on a dip with a SL of 1354 and targets of 1396/1410. Intraday.
Adjust trading volumes as per entry price.
Disclaimer :
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. Any opinions, news, research, analyses, prices, or other information offered is provided as general market commentary, and does not constitute investment advice. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
UBL.. the last stride??UBL has been moving in a long term channel and is reaching the top end of the chanhell which is around 1550
please refer to chart for channel info
NOTE:this is my personal view only
UBLAscending Triangle Breakout, breakout of Triple Top chart pattern. Now any correction towards breakout zone will give buying opportunity with small SL. Target is 1500 to 1515. At 1500 Call bears are holding onto the highest OI position --total 70700 shares. So this will be a stiff resistance area-- wont be easy to be cleared by bulls. OI support comes at 1360 --Put position --37100 shares held by bulls.
