UBL trade ideas
UBL: Stretching Up in a Complex SetupBefore trying this idea it should be noted this is a high risk long trade setup. The price has been rising up inside a main uptrend channel and currently just tested the baseline of this channel and tending to move inside an another baby channel. I would like to buy as close to the baseline of the baby channel as possible.
There would be a breakout situation beyond 1135, where the Bat Action Zone would be triggered. It may take the stock as high as 1173 which is the PRZ as well as a previous resistance zone. I ll take PP @ 1160.
Always follow your trade management rules before trading my ideas.
Trade safe, stay healthy.
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Regards
Bravetotrade
UBL SnR Multi year resistanceUBL SnR
RSI above 80 seems like overbought
Short below 1022 with 1080 SL
T1 - 996
T2 - 954
T3 - 920
T4 - 886
T5 - 837
ublstock has broken triangle in past . can be bought at these levels also for target of 1200.
positional trade
Positional buy in UBL @ 920Buy UBL at CMP 920 and add on deeps at 895 for 970 & 1050, one can keep Sl 870
UBL in consolidation phase - Will it break out?NSE:UBL is consolidating between the range of 820 to 865 for past 10 days. Breaking above will take it to 975 range.
One can go long above 871
T1 - 915
T2 - 975
SL - 807
Possible short trade set up on daily Chart I am looking this will make another lower high and then can decided new direction , for current status its heading down to make new lower high
Regards
UBL - On the verge of breaking above its resistance Go long above 867.50
Target 1 - 889
T2 - 913
SL - 832
UBL - LongUBL has retraced from its crucial support and is going towards 850.
One can go long in this stock at 793 and above.
Target 1 - 806
Target 2 - 827
Alternatively one can also look for selling 780 PE @ 8.45.
UBLNext support is near 780. If the stock hits this support then wait for its reversal and a green candle.
Ascending Triangle on UBLAscending Triangle formation on UBL and it will break upside.
Trade levels are mentioned on chart.
ubl shortThe overall sentiments of ubl is bearish, because of volume and profit margin decrease due to highway sale ban of liquor
the oi interpretation shows that longs are in the system, there unwinding start taking place .
i will suggest to short the short
UBL - Failed AttemptThe stock went above the trend line but failed to hold it completely by soon reversing the day's trend.
It has formed a shooting star pattern.
I'd short it with a few points above the trend line as SL.
UBL forming symmetrical triangle UBl after a sharp rise halted at the falling trending.. UBl has formed Symmetrical triangle one should look to buy stocks at 740-750 levels with stop loss around 730-720 levels for a steep upside moves. ;-)
United Breweries-Booze mode on ?UBL-weekly indicates a trend change
So far the price was moving a downward channel
now the price has moved above the upper TL
Likely tgts 800 822 stops can be placed around 740
UBL Took A Big SupportUBL slipped below it's long term trend line support since 2012 on intraday basis on bad news but managed to close above it. This is also supported buy close above daily supertrend buy support level.
Strategy - Buy with stop of 760 on closing basis.
