TradingSutra

UPL: corrective sequence

Short
NSE:UPL   UPL LTD
After an ending diagonal with clear five wave structure the stock prices has fallen swiftly down to the level of 582. This can be termed as wave a for a larger flat correction. Sell near the level of 640 for downside target of 600/540

Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
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