ritik_patel

UBL NEAR RESISTANCE 1HR

Long
NSE:UBL   UNITED BREWERIES L
UBL is currently trading at resistance point. It is the 3rd time it has come to the resistance and has been halting there for a while now. There are chances of UBL giving breakout in the coming trading sessions. You can enter the trade when the price crosses the high of the breakout candle in 15min timeframe and keep SL as the swing low. You should plan SL for every trade before entering it. Risk management should be your top-most priority in the stock market. Money saved is money gained. Happy Trading!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.