UBL
UBL ::: SHORTDATE: 29.04.21
INSTRUMENT: UBL
TIMEFRAME: DAY
TREND: SHORT
CMP: 1184.15
SELL @ CMP
SL: 1225
TGT. 01: 1140
TGT. 02: 1089
TGT. 03: 1038
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We are not S E B I registered analysts. Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever.
UBL LONG INTRADAY 6 APR,2021Dear trader,
If u look at the chart of UBL (analysis based intraday only) the UBL support at 1123 and Target at 1140 and Stop loss at 1113.
The chart clearly indicates Bullish Trend you can also see the candle stick patters for more indepth analysis.
In Intraday most important thing is to enter and exit points.
Our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies.
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BUY UBL above 1195 target 1356 sl 1010one can buy delivery of ubl around 1195 . reason its the the third time making new high in 30 points range( generally this happens to make exit weak hands) . the rsi is showing bullish structure .
always buy the stock with the plan prepared at the point of entry . do not change in between . buy target and stop loss .
UBL - NSE Strong SELL if H&S neckline is breachedUBL has had a very good daily move up for the last several weeks. It has come to a zone where the Bull strength is starting to fade. SELL UBL based on the following.
Head and Shoulder pattern on 4hr with neckline at 1350-1364. If a 4hr candle closes below this level, SELL without any hesitation as price will test 23.6 - 50% retracement to its low of the climb up.
Ichimoku Conversion line crossing under the base line inside the cloud - Neutral signal, but lagging line showing signs of struggle and once it goes below its corresponding candlesticks and starts to race towards the cloud lower boundary, that's the definite SELL confirmation.
TP1 - 1275-1300
TP2 - 1150-1175
TP3 - 1025-1075
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