UPL - Double Bottom breakout - Trend reversal
UPL has given double bottom breakout from 501 resistance levels.
It has witnessed good buying momentum after long price and time wise correction.
This can be a turnaround for the stock and looks good for long with limited downside.
Target: 600, 700, 850+ in next few weeks.
SL: Daily candle close below 500.
It has witnessed good buying momentum after long price and time wise correction.
This can be a turnaround for the stock and looks good for long with limited downside.
Target: 600, 700, 850+ in next few weeks.
SL: Daily candle close below 500.
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