vanathi

UPL - Multi time frame Analysis

vanathi Mod Updated   
NSE:UPL   UPL LTD
Plan A : Price is still below the trend line resistance and sustaining 688 - 692 will make the price to move towards 696,702.
Plan B : Near by resistance 700 - 704. Price should sustain this zone to move to 710, 716 and 722.
Plan C : If price shows bearish strength below 686 - 690, then price will move to 682,677, 672 and 666.

Note : Understand the trend strength before taking any trade. If you are bullish look for bullish strengh and if you are bearish look for bearish strength. Dont change your view with each candle.
Comment:
Testing trend line for a long time !!!
Comment:
Oct 7 : Price took support from trend line and hit resistance.

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