### **United Breweries Ltd. (UBL) Poised for an Intraday Rally! ๐**
๐ **Bullish Momentum Building Up!**
United Breweries Ltd. (NSE: UBL) is showing **strong bullish intent**, currently trading at **โน2,044.60**, with a well-defined setup for an intraday breakout. The stock has rebounded from key support near the **50-day SMA**, signaling potential upside ahead.
๐ **Candlestick Psychology & Trade Setup:**
โ **Strong Support at โน2,021** โ Price holding above this level suggests buyers are stepping in.
โ **Bullish Reversal Candle** โ A green candle forming near support indicates renewed buying pressure.
โ **Breakout Zone โน2,044 - โน2,159** โ A move above this range can trigger further upside momentum.
๐ฏ **Intraday Trade Plan:**
๐ **Entry:** Above โน2,050 for confirmation
๐ **Target:** โน2,159+ ๐
๐ **Stop Loss:** Below โน2,021 for risk management
๐ก **Verdict:** The stock is setting up for a potential **intraday breakout**! If buyers maintain control, we could see a sharp move toward higher resistance levels. Keep an eye on volume and momentum for confirmation!
๐ **Trend Bias:** Bullish ๐ฅ
๐ **Bullish Momentum Building Up!**
United Breweries Ltd. (NSE: UBL) is showing **strong bullish intent**, currently trading at **โน2,044.60**, with a well-defined setup for an intraday breakout. The stock has rebounded from key support near the **50-day SMA**, signaling potential upside ahead.
๐ **Candlestick Psychology & Trade Setup:**
โ **Strong Support at โน2,021** โ Price holding above this level suggests buyers are stepping in.
โ **Bullish Reversal Candle** โ A green candle forming near support indicates renewed buying pressure.
โ **Breakout Zone โน2,044 - โน2,159** โ A move above this range can trigger further upside momentum.
๐ฏ **Intraday Trade Plan:**
๐ **Entry:** Above โน2,050 for confirmation
๐ **Target:** โน2,159+ ๐
๐ **Stop Loss:** Below โน2,021 for risk management
๐ก **Verdict:** The stock is setting up for a potential **intraday breakout**! If buyers maintain control, we could see a sharp move toward higher resistance levels. Keep an eye on volume and momentum for confirmation!
๐ **Trend Bias:** Bullish ๐ฅ
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.