UPL -- RSI below 30. Ready to bounce back

Nov 23, 2020

UPL RSI (Weekly is below 30). It's a NIFTY 50 company. The RSI can't stay forever at that price and is sure to bounce back.

Targets are open 450/500 (a couple of months)

Let's keep stop loss of 6% @ around 480.

Dec 2, 2020

Trade active

Made a high of 447 today... Modify stop loss to protect capital or exit 70% position and hold the rest with SL of cost + 5/- to 7/-

Dec 3, 2020

Trade active

1st target of 450 done in 10 days...
Keep holding. continues to look positive. Bring SL close to price to avoid sudden crash and protect capital.

Dec 7, 2020

Trade closed: target reached

Made a high of 478. If crosses 480 tom modify stop loss to 460 to see progress if it doesnt keep SL at 470 and exit. all targets achieved