AyushSinghba

Is UPL Set Up For A Huge Move?

Long
NSE:UPL   UPL LTD
-Stock broke out nicely after last post.
-Double inside day setup suggests a huge move may be on the cards on Monday.
-A break of Friday's candle, in either direction, can send the stock flying.
-Stock recently breaking out of an ascending triangle and bouncing nicely off of 50 day EMA suggests a move higher is more likely.
-Drying up volume also suggests a rapid move.
-Bullish MACD .
-Options players can also consider straddle.

Not an investment advice. Do your on DD.
Disclaimer: Holding a long position.
Trade closed: target reached
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