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By EquityPandit

MARKET OUTLOOKSTOCK OUTLOOKUBL

UBL Outlook for the Week (August 28, 2023 – September 01, 2023)

UBL
UBL
UBL closed the previous week on a negative note losing 3.73%.

Technically, UBL share price will see immediate support at 1,488.03 and immediate resistance would be seen at 1,545.88.

If UBL share price closes below immediate support of 1,488.03, then sharp breakdown can be seen. UBL share price will see major support at 1,461.17 for the week.

1620.001620.001600.001600.001580.001580.001560.001560.001540.001540.001520.001520.001500.001500.001480.001480.001460.001460.00Jul 14Jul 14Jul 19Jul 19Jul 24Jul 24Jul 27Jul 27Aug 1Aug 1Aug 4Aug 4Aug 9Aug 9Aug 14Aug 14Aug 18Aug 18Aug 23Aug 23Reversal Level 1551.40BuyBuySellSell

On the positive side, immediate resistance will be seen at 1,545.88. Closing above 1,545.88, UBL share price will see a sharp breakout. Major resistance for UBL share price will be seen at 1,576.87 for the week.

Trading range for UBL share price for this week should be between 1,430.18 on down side and 1,603.73 on up side.

UBL Previous Week High: 1550

UBL Previous Week Low: 1492.15

UBL Previous Week Range: 57.85 Points

UBL share price support and resistance for the week (August 28, 2023 – September 01, 2023)

Level Type Value
Resistance 3 1,603.73
Resistance 2 1,576.87
Resistance 1 1,545.88
Support 1 1,488.03
Support 2 1,461.17
Support 3 1,430.18

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