Indieconomic

UPL_ Support violated & Confirmation at Retest Level

Short
NSE:UPL   UPL LTD
Idea behind trade :
- Downtrend- Support Violated- Confirmation at Retest level - EMA 20 and EMA 50 violated- RSI Divergence

Entry Rs.745.90 or above
S/L Rs. 773.45
Target Rs.709 , 690

Risk-Reward 1:2


If you like a idea please like and share

Thanks
Comment:
Target Rs 709 achieved, trails stop loss.

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.