UBL trade ideas
Is UBL really HIGH? An advanced pattern formed on UBL Charts, the levels on chart, make sure the price sustains below 1290 for sometime then the levels of 1240 can be seen.
All the best.
UBL ShortPrice is at resistance zone , made doji and closed below resistance.
Short if previous day low 1173 is broken.
UBL- Ascending Triangle Pattern#UBL has formed #ascendingtriangle pattern but still need to cross resistance line on closing basis if stock able to close above 1222 then we can see level of 1300 and there is strong support at level 1145
ubl breakout likelybreakout likely
1100 is 200 dma accumulate with that sl for 1200 level -
time frame 1 month
UBL: Trading & Investing Levels. Correction @ 1031.80, in Between Fib E 0.786 & 0.886 of "ABC" (Actual Correction 0.828)
& also FIB R 1.618 of "BC" (Golden Ratio)
Candle Pattern: Harami Bullish.
Possibility of Parallel Channel Break-OUT.
Best Long @ 1090 - 1099.
Trade as per Levels mentioned in chart.
Education Purpose Only.
UBL - Ascending triangle!Buy above 1128 with the stop loss of 1118. Targets are 1138, 1150 and 1165.
Elliott waves - A potential multi month post triangle thrust United Brew is in a multi month post triangle thrust . It has just completed one impulse out of the multi month triangle . Now it is correcting that wave 1 . The red channel should be broken and prices should turn around from the previous wave 4 of one lesser degree around 905 and then go up in a massive wave 3 up which should be breath taking .
Sell UBL in supply zone (valid only from 9 to 13 July 2018)Sell UBL in supply zone (valid only from 9 to 13 July 2018)
Short Sell UBL target target below 1080 in short period of timeShort at 1155 to 1150 target below 1100 in 1 to 2 days
UBL (long)Decisive close above 1275/80 levels will give NSE:UBL wings, can fly to retest 52 wk high of 1314 and close above that can take stock to 1400 levels.
Buy above 1275 (once hourly candle closes above that) with SL of 1250,
TGT: 1314/1353 and above
#UBLWeekly H > 1270 required with C > 1197
Bottom is confirmed
2 Strength candles
CCI(D) crosses 100
CCI(W/M)>100
TGC(all) true
Target 1631
SL 1080
UBL studyshort term buy ?
naive student thoughts -
above 1250
200 for inverted H&S
400 for cup & handle.
even with 100rs stop loss, RR will be 1:4
Big resistanceBig resistance at 1200 -1226 - 1243
If brk 1226 n close above 1243 then can see more up movt
