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rucheeragarwal

United Breweries: BULLISH

Long
UNITED BREWERIES L (NSE:UBL)  
rucheeragarwal  
NSE:UBL   UNITED BREWERIES L
Trend Analysis Support and Resistance Supply and Demand rsi_divergence supply_and_demand
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trendanalysis supportandresistance supplyanddemand rsi_divergence supply_and_demand
We look at a possible trend reversal in UBL for following reasons-

1) Price is at a demand zone from which previously it gave us a strong rally.
2) RSI divergence is in formation which seems to be bullish

Price is currently at an important level and it may go at least till the marked Supply Zone SS for a 1st target.

Disclaimer: Only for educational purpose.
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