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Sandeepk31
Oct 24, 2022 10:35 PM

UPL Wait for Breakout 

UPL LTDNSE

Description

UPL on Monthly longer time frame is creating multiple pattern on various charts.
Two significant pattern visible is Flag pole and Diamond pattern.
Hence it can breakout on either side

If breakout on upper side then target of 991 is expected

If breakout on lower side then target of 508 is possible.

currently good for trading the range unless breakout occurs and sustains on closing basis.

Trade active

Broke the diamond pattern at the lower side. ....look for lower targets.
Comments
tradeXwarrior
590 low✅✅✅
Sandeepk31
@tradeXwarrior, probably will go lower now...not at all positive on this stock.
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