UNITED BREWERIES LTD
Long

UBL SHORT TERM ANALYSIS

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UBL is looking positive on charts for the short term. We can expect the current momentum to continue upto 2208-2255. In between, it can face minor resistance at 2091. On the downside, the imp range to watch for a probable short covering is 1991-1922. This analysis remains invalidated if UBL breaches 1922 on the downside.
NOT A BUY/SELL RECOMMENDATION.

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