My view on UBLUBL giving cup & Handle breakout
Looking tgt 1640-1660-1700++
in very short term👆👆
Keeping on radar UBL 1620 CE
UBL trade ideas
UBL short target 1302As UBL looking bearish go for short with sl 1611
1st target 1410
2nd target 1302
it is also possible that stock go through 1611 but strick with sl if again comes at this level you can again enter with minor sl NSE:UBL NSE:UBL BSE:UBL NSE:UBL1!
Breakout in UBLUBL if sustain above 1515 next target would be 1560 and 1575. it has taken good support at 1475. it will definitely touch 1600 in couple of weeks.
the chart is for study purpose only.
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!!!
UBLUBL looks gud on this price level. also making W pattern in daily and as well ready to make W pattern in weekly TF. Buy on 1460 level. short term target may be near 1500. 1443 will be sl for short term traders.
DOUBLE BOTTOM ON UBLdouble bottom break out in ubl in weekly time frame. although there is a gap pending in Daily Time Frame. but very well supported 200 ma. and also crossed 20 MA. it can be gud buy.
SL 1387
target near 1800
UBL Short Term SwingCurrently UBL Trading in Channel and price formation is HH HL Maximum chance to break the channel with next one month you can buy UBL 1460-1480 SL 1440 Target 1550 and 1600 within next 2-6 weeks.
Bullish Double Bottom Breakout in United Breweries Limited (UBLUnitedBreweries broke out of a weekly double bottom or W pattern which is a bullish reversal pattern.
Since the pattern formed and broked out on a Weekly Timeframe, I am bullish on #UBL for upcoming few weeks.
Notice how price got supported and bounced from 200WMA multiple times before breaking out of the pattern.
This shows long term bulls are strong.
Expecting price to go up till 1600 and 1800.
The trade setup would be invalidated if weekly candle closes back below 1440.
Buy UBL its a BreakoutBuy UBL at 1500 SL 1400 closing tgt 1540/1620 ...Add more at 1480/70 if comes down if sustains above level then will give update...
Reson to Buy is consolidation brekout and bullish candle form in Daily tfm with Volume based closing above swing resistance.
Trade as per your risk
CHART ANALYSIS
UBL BUY 3:1
Price has been working as per the Weekly chart and just retracing into Daily Demand as a pullback to shoot to 1530 which was its Original Target, hence LONG
ENJOY THE RIDE ! ! !
{UBL}:{EXPECTING A SHOOT OF 8% FROM FRESH DEMAND @ RS. 1402.85}
Price reacted to a Weekly Demand and formed a fresh Daily Demand expecting to shoot from the same demand shown above.
ENJOY THE RIDE ! ! !
UBL - Looks like an Approx 10% move above 1408UBL - Looks like an Approx 10% move above 1408
There are a few more things that are at Play.
Most planes have 2 Wings
Drop morethis guys might continue to drop even more following this demand zone that seems not to withstand price
UBL SHORT TERM VIEW UBL Short Term View Is Given
SL is on 1,445 (Candle closing below 1,445)
Entry is at 1,472.45 ( Any Candle closing above 1,472.45)
Target is at 1,536.25
This View is purely based on Technical Analysis and is for education purposes only.
UblUbl as per monthly looks like it facing some supply on higher levels in red zone....
If stock unable to clear red zone on the upside then orange zone waiting below..😉🤐
So no fresh long untill the time stock trade below red zone.....😇
Cmp ard 1450
Ubl..swing tradeStudy purpose analysis....not recommendation...those who want to trade analysis then take trade
