United Breweries Ltd. (UBL) Poised for an Intraday Rally
### **United Breweries Ltd. (UBL) Poised for an Intraday Rally! 🚀**
📈 **Bullish Momentum Building Up!**
United Breweries Ltd. (NSE: UBL) is showing **strong bullish intent**, currently trading at **₹2,044.60**, 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.
🔍 **Candlestick Psychology & Trade Setup:**
✅ **Strong Support at ₹2,021** – Price holding above this level suggests buyers are stepping in.
✅ **Bullish Reversal Candle** – A green candle forming near support indicates renewed buying pressure.
✅ **Breakout Zone ₹2,044 - ₹2,159** – A move above this range can trigger further upside momentum.
🎯 **Intraday Trade Plan:**
📌 **Entry:** Above ₹2,050 for confirmation
📌 **Target:** ₹2,159+ 🚀
📌 **Stop Loss:** Below ₹2,021 for risk management
💡 **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!
📊 **Trend Bias:** Bullish 🔥
📈 **Bullish Momentum Building Up!**
United Breweries Ltd. (NSE: UBL) is showing **strong bullish intent**, currently trading at **₹2,044.60**, 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.
🔍 **Candlestick Psychology & Trade Setup:**
✅ **Strong Support at ₹2,021** – Price holding above this level suggests buyers are stepping in.
✅ **Bullish Reversal Candle** – A green candle forming near support indicates renewed buying pressure.
✅ **Breakout Zone ₹2,044 - ₹2,159** – A move above this range can trigger further upside momentum.
🎯 **Intraday Trade Plan:**
📌 **Entry:** Above ₹2,050 for confirmation
📌 **Target:** ₹2,159+ 🚀
📌 **Stop Loss:** Below ₹2,021 for risk management
💡 **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!
📊 **Trend Bias:** Bullish 🔥
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.
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.