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HarmonicsInAction1
Jun 3, 2020 3:31 AM

Bearish Harmonic Alt Shark - UPL Short

UPL LTDNSE

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Bearish Harmonic Alt Shark - UPL
Comments
vviralvv
DEAR SIR,
YOUR DO NICE ANALYSIS ON HARMONIC PATTERNS. IT MORE INFORMATIVE TO STUDY THE IT.
I REQUEST YOU PUT DETAILS ANALYSIS OF STOCK(IF POSSIBLE FOR u)
THANKS
HarmonicsInAction1
@vviralvv, Sure mate, will try. What would you like to see in details. I will try to include.
vviralvv
@HarmonicsInAction1, sir support resistance next target. etc
Chart_Asset
It already crossed resistance on Friday with good price action then the next resistance is at around 470 to 480. I think we can go for long on UPL in daily frame chart
HarmonicsInAction1
@Manoj_ooha, I don't think the closing was strong enough. It would be good if you could share your analysis.

As per me the Option chain still suggest 450 has highest Call OI, and will act as a resistance. Lets see how it moves on Monday.
suddenPlayer007
What are the resistance level and how long it might take time to cross it sir
HarmonicsInAction1
@suddenPlayer007, For now we are looking at 435-440 as resistance, and short it from there. It may take 1-2 sessions.
suddenPlayer007
@HarmonicsInAction1, ok sir thanks
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