rucheeragarwal

rucheeragarwal

We look at a possible trend reversal in UBL for following reasons- 1) Price is at a demand zone from which previously it gave us a strong rally. 2) RSI divergence is in formation which seems to be bullish Price is currently at an important level and it may go at least till the marked Supply Zone SS for a 1st target. Disclaimer: Only for educational purpose.

rucheeragarwal Updated 

The stock looks bullish in short term and offers a small trade for long due to following reasons: 1) The stock is rebounding from a demand zone from which it gave a strong rally 2) RSI Divergence is also in formation The stock may go up to the marked supply zone at which we also see significant price action. Only for educational purposes.