PriceTimeSquare

UBL | At an interesting juncture

PriceTimeSquare Aggiornato   
NSE:UBL   UNITED BREWERIES L
  • UBL has been trading between Gann levels 1225 and 1191 since 28-APR-2021 | Revolving around Gann level 1208

  • Combination of a long term trend line (dotted blue) and Gann Level at 1191 | A strong support zone

  • Sustaining above 1225, price can head higher | sustaining below 1191 creates a possibility of sharp down move

  • Support : 1174 / 1157 / 1140 / 1123 / 1106 / 1089

  • Resistance: 1225 / 1243 / 1261 / 1279 / 1297 / 1315

  • 1297 to 1315 seems to be a strong resistance zone | combination of a multi year trend line (dotted pink) resistance and Gann Level 1315

Color codes:
  • 45 Degree Gann Level : BLUE
  • 90 Degree Gann Level : ORANGE
  • 135 Degree Gann Level : LIME
  • 180 Degree Gann Level : RED
Commento:
Todays' open = 2010 (near Gann 1208) | 1243 achieved above 1225 in a rapid move ? Currently near 1225
Commento:
Back to channel top from the Gann Level 1225. Sustaining above the Gann Level 1243.
Commento:
1279 Achieved.

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