ubl giving big breakout as of now we can see 1700 level in it
ubl can go 1650 to 1700 from here and it can be stock of the month
Predicting a Cup formation if the price reaches 1780 price in next 9 bars (+/- 2).
In the Weekly Chart of UBL , we can see that; it has retested the W Pattern after breakout . upward momentum is expected from next week.
following trendline trend , can go for long , following support line and trend breakout possible , entry only after breakout .
📉 Alert! Bullish Pattern Spotted 🐻 📊 Pattern: Bullish Continuation Wedge Pattern 📌 Symbol/Asset: UBL 🔍 Description: Overall bullish stock seems to have Bullish Trend Continue in days to come 👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
Buy above 1525 SL 1482 Target : 1598-1673 CMP @ 1512 June 18, 2023 Chart by CA Savita Rehlan
UBL Is ready for fly keep on radar as volume also gaining and rounding bottom pattern following if goes above market label it will go up to target point
#UBL - BO after Bouncing from an important support - Validated with Volume - Bullish RSI -: Facing 200 EMA as resistance
Great volume Sustained for 2 candle on 2 hour chart RS POSITIVE on 2 hourly chart. Small take profit small stop loss.
UBL : GAP Filling Pending Long only above 1513 with immediate support at 1500
- BO validated with volume - Above key EMAs - Bullish RSI
In the Weekly Chart of UBL, we can see that; it can show a W pattern Recovery. it is building a good Price Action.
Lets study the next path for UBL. Once it breaks 1800, the third wave can end around 1960, then a pullback towards 1760, giving a more opportunity to add for tgt of 2100 by next year Sept'23
Triangle pattern break out can happen. Long Build up. 2050 & AVWAP support Volumes are high
Retraced from 61.8 levels. Target 1487 Only educational purpose.