UBL
Double Moving Average Crossover - UBL📊 Script: UBL
📊 Sector: Alcoholic Beverages
📊 Industry: Breweries & Distilleries
Key highlights: 💡⚡
📈 Script is trading at upper band of BB and giving Breakout of it.
📈 MACD is giving crossover .
📈 Double Moving Averages are giving crossover.
📈 Right now RSI is around 68.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 2035
🟢 Target 🎯🏆 - 2219
⚠️ Stoploss ☠️🚫 - 1950
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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UBLUBL CMP1497...
a simple chart...
Looking from bottom... it looks like abc move..
also my Trend indicator turned bearish...
price breaking the trend and also retesting...
also abc can be seen in small timeframe...
so Red line as my sl...
Expecting green line as my tgt ...
Just a view!!
Vedang :)
Chart is for study purpose only!!!
UBL LONG (INTRADAY DEC 2)Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
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UBL
Daily : Stock is in uptrend.
15 min : It has formed Ascending triangle.
*Wait for the breakout and we could see an upside movement.
THANK YOU !!!!
UBL(United Breweries Ltd) Waiting for BreakoutThe idea here is about UBL (United Breweries):
United Breweries Ltd a flagship company of UB Group is engaged in the manufacturing and marketing of beverages.
1. Broken out of Ascending Triangle , Double bottom & retesting of support & neck level completed on a weekly chart as per below:
2. Waiting for breakout of Ascending Triangle & Double bottom on a daily chart at the time of publishing.
3. Trading above 20 & 200 EMA on daily chart & weekly chart.
4. Ichimoku Cloud analysis: Kumo Breakout & Kumo Twist on a daily, weekly & monthly chart is Strong buy for an upward momentum.
5. RSI is at 59.85 on a Daily Chart & 58.87 on a weekly chart at the time of publishing.
6. MACD Way above signal line on daily & weekly chart .
7. Hull Moving & other moving average is a strong Buy on Daily, Weekly & monthly chart. This is a very strong signal for upward momentum.
8. Wait for breakout & retest completion for long entry. However, keep in watch list for the week & alert for price momentum.
Projected targets as per Ascending triangle & Double bottom provided in the chart.
Stop Loss: provided in chart.
Disclaimer: “The above is an Educational idea only and not any kind of financial or investment advice. So please do your own DD (Due Diligence) before any kind of investment”.
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UBL - Retest Structure - Swing TradeThe analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.