Short UPL as per MACD & Stochastic signals

NSE:UPL is one of those stocks where it seems bearish phase is yet not stopped. Fresh signal are given by MACD crossover as well Stochastic crossovers. Interestingly both are also giving bearish divergences (observe down arrow) which confirms our short selling call. Short Sell in range of 700-705. Targets will be 693(T1), 680(T2), 672(T3). A stop loss of 709 is highly recommended.
Mar 07
Trade active: Sell UPL @ 703
Mar 07
Comment: Stop loss of 709 can get triggered!
Mar 07
Trade closed: stop reached: Stop loss of 709 hit....
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