Gaurav1985

Cautious View on UPL for 24th July 2020

NSE:UPL   UPL LTD
In today's Trend it has been observed that the Script has touched and faced a hurdle at this Trerdline near 470 and could not sustain. the Stock has made Double Top and Double Bottom Format so now it's positioned at a stage where it can give a Breakout or Breakdown.

So be Long if Crosses 475 for the Targets of 480-485-490 Targets.
Go Short if Sustains below 456 for 5% Downside before Earning.

Fundamentally good stock and expectation of Good results at high on Street.

Happy Trading.

It's my Personal View, Please don't treat as Recommendation.