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AMIT-RAJAN
Jan 27, 2023 5:37 AM

TECHNICAL PICK UPL 2 

UPL LTDNSE

Description

Upl price is consolidating in a parallel channel pattern on hourly time frame chart so if it will break horizontal trendline resistance then we can go for a buy and if it will break horizontal trendline support then we can go for a short..

For Buy Side-: If it will break the resistance and give a close above on the same hourly time frame chart so we can go long for the target of 774.

For Sell Side-: If it will break the support and give a close below on the same 15 min time frame chart so we can go short for the target of 710.

Target- Identified form coming support or resistance one can check on daily time frame chart.

Stop loss-: Stop loss if it will close below or above on hourly time frame chart on the opposite direction of trade to support or resistance.

Comment

REACHED 771+ NEAR TARGET OF 774

Trade closed: target reached

SELL TARGET DONE

Trade closed: target reached

BUY TARGET ASLO DID
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