UBL trade ideas
UBLstock after a up move now trading sideways
move above 1360
might see targets towards 1378/1398
with sl placed at 1342
UBL - Short Trade IdeaShort below 1360 with SL 1412
Targets (Intraday):
T1 1349
T2 1339
T3 1321
Targets (Positional):
T1 1327
T2 1302
T3 1285
T4 1252
UNITED BREWERIES giving long entrycurrently in a pullback in a strong upmove, can give a good R/R ratio
Reverse Head & Shoulder PatternTrade Setup Explained in Charts
Disclaimer : Purely Educational Purpose - Not a recommendation
UBL, 200 DMAPrice took support at 200 DMA and moved up. Will the same happen again. It may happen. Market should be favorable.
#UBL CASH : LOOKS WEAK BELOW 1266#UBL CASH
03 OCT 2018
LOOKS WEAK BELOW 1266
SL 1280
TGT 1250-1252/1240-42
CMP 1287.5
very thin long legged doji the level of 1457 and 1462I picked this as it was positive close, but the doji shows the sentiment of both buyers and sellers, sellers donot want it to gobeyond as it is penetrating to resistance zone, tomorrows action will tell will it be able to successfully push into.price acrtion will confirm, keep in radar
Strong technical chart stock has reversed from previous high which has provided crucial support to the stock. It has retraced 50% of its current move also on daily chart it has given breakout from descending triangle if we go buy the measurement rule the next likely target for the stock comes around 1550/1600 with strong support at 1280!
