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By EquityPandit

MARKET OUTLOOKSTOCK OUTLOOKUBL

UBL Outlook for the Week (September 04, 2023 – September 08, 2023)

UBL
UBL
UBL closed the previous week on a negative note losing 3.22%.

Technically, UBL share price will see immediate support at 1,515.97 and immediate resistance would be seen at 1,565.97.

If UBL share price closes below immediate support of 1,515.97, then sharp breakdown can be seen. UBL share price will see major support at 1,485.48 for the week.

1620.001620.001600.001600.001580.001580.001560.001560.001540.001540.001520.001520.001500.001500.001480.001480.001460.001460.00Jul 21Jul 21Jul 26Jul 26Jul 31Jul 31Aug 3Aug 3Aug 8Aug 8Aug 11Aug 11Aug 17Aug 17Aug 22Aug 22Aug 25Aug 25Aug 30Aug 30Reversal Level 1503.77BuySellSell

On the positive side, immediate resistance will be seen at 1,565.97. Closing above 1,565.97, UBL share price will see a sharp breakout. Major resistance for UBL share price will be seen at 1,585.48 for the week.

Trading range for UBL share price for this week should be between 1,465.97 on down side and 1,615.97 on up side.

UBL Previous Week High: 1555

UBL Previous Week Low: 1505

UBL Previous Week Range: 50 Points

UBL share price support and resistance for the week (September 04, 2023 – September 08, 2023)

Level Type Value
Resistance 3 1,615.97
Resistance 2 1,585.48
Resistance 1 1,565.97
Support 1 1,515.97
Support 2 1,485.48
Support 3 1,465.97

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