UPL LTDUpdated UPL Intraday-Wait and Watch trades
Trend
15 Min-Uptrend
1 Day and Week TF- Downward
Key Level: 3rd Time Resistance retesting zone
50 EMA is key level which reacted many times
Bearish
Long Downtrend
Price Rejection from channel and Horizontal Resistance
Sell Below 50 EMA and 501.7
Bullish
15 Min Uptrend
Buy-After retracement and 50 EMA Reaction
200 EMA is bullish
Target and stoploss
5Points
Risk: Reward(1:1)
Leading indicators should give confirmation
while taking trade(RSI, Stoch, Isolators, Volume)
Trade closed: stop reached
Trade closed: target reached
Target achedived downside
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