dhirendrashukla88
Short

UPL SHOWING NEGATIVE DIVERGENCE MADE EVENING STAR CANDLE IN WEEK

NSE:UPL   UPL LIMITED
TECHNICAL OUTLOOK - UPL MADE EVENING STAR CANDLE PATTERN IN WEEKLY AND ALSO MADE HANGING MAN CANDLE PATTERN IN MONTHLY CHART, IN MONTHLY CHART VOLUME IS ALSO DECREASING, EVENING STAR IS A BEARISH CANDLESTICK PATTERN CONSISTING OF THREE CANDLES: A LARGE WHITE CANDLESTICK , A SMALL-BODIED CANDLE, AND A RED CANDLE, RSI IS OVERBOUGHT AT 70.32, MACD SHOW NEGATIVE DIVERGENCE, I THINK UPL WILL GO BELOW 900 SOON

LEVEL - UPL30MAY19

SELL BELOW - 955
FIRST TARGET - 930 FOR 5 TRADING SESSION
SECOND TARGET- 915 FOR MAY CONTRACT
SL ABOVE - SL ABOVE 970
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