aks85

UPL- Symmetrical Triangle Breakout- Buy Setup

Long
NSE:UPL   UPL LTD
4
As seen UPL has broken out of symmetrical triangle with volumes on the daily chart yesterday . Also, it is bullish in the larger time frame.


CMP-732.5
Expected Levels- 830
SL- 658

Traders can wait for a re-test of the breakout levels in order to have a small stop loss and a favourable risk reward ratio.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.