NSE:UPL
Trade Setup for 28-07-2021
1) For the buy trade
Go Long above 816. Targets are marked on the chart.
2) For the sell trade
Be cautious. Once it break the trendline let it trade below it. For safe sell/short side trade better to short below 801. And targets are marked on the chart.
Considering current volatility, I have given small targets. better...
UPL limited ran from 250 to 550 and corrected 50% to 400.
Stock has started moving higher again with volume and showing breakout confirming correction in stock has ended.
Support for Stock is at 440/400 and stock can move high up to 700.
PS: Please consult financial advisor before investing, chart and view is for learning purpose.
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.
