UPL Ltd is forming Double top Which is a strong chart pattern
We would learn as well as trade UPL as per the price action formed Chart Patterns are usually very accurate if applied netly I would share such type of Ideas so that many traders can learn how to Draw, Find or execute a chart Pattern. Rest all details are given in the Chart please have a look at it
(NOTE - This research is only for educational purpose We are/would not be responsible for any profit or loss of yours)
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Today touched our levels but didn't close Will wait for another trading session for it
Showing lower price rejection If Takes Support then by should big green Engulfing candle or Hammer then will try for buy
If becomes such like I will post the Update and details
Trade active
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Breakout On the Lower levels Done👍 It took support form The 100MA Also watch it carefully on 750 levels Because 750 is Important Support as per Option Chain Data.
Targets - 750-730-710-700
(Note - This Idea is Only For Educational Purposes Please Make your Own Research Too before Trading It. We are/Would Not be Responsible for any Profit or loss)
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New Traders Should Learn Price Action and Use of Chart Patterns For Trading From this Idea.
I Always Prefer Learning more than Earning
Trade closed: target reached
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1st and 2nd Target Done 🚀🏆 And made a low of 722.💪😎
More Selling is expected till 3rd Target. On monday Due to Fear and selling pressure in nifty.
Everyone Book 50% on monday.
And do let me know in comments if Anyone Traded it.
Like share and follow me for more
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We have made more than 5.6% in this Trade in just some days 🤩🤩
If any one shorted the Future Or Bought A PUT Positionally would be in Great Profits now🥳🤩
Trade closed: target reached
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Yesterday Made a Low of 714 which was close to our 3rd Target
If any one had shorted the Future on the levels I gave the trader would be in 70k+ Profits!!