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Watchout for UBL!!

Por Manonit
UBL chart showed an inverted Head and Shoulder pattern with a straight neckline at its resistance zone. There was also the formation of Cup and Handle Pattern. Both these patterns are bullish patterns. On 2nd Sept the charts broke out of the patterns with Ultra High Volumes. The stock had a swing and is again trading near its resistance zone. This can be a strong buying position for positional trading
Chart PatternsTechnical IndicatorsinvertedheadandshouldersTrend Analysis
Manonit
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