### **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 🔥
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.