Stock has broken the Trendline in Weekly Time Frame. If closes above TL and resistance zone then more upside will come.
NSE:UPL has shown triangle breakout. Buy for 8% potential profit in a short term with RR=2.6.
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
This is follow-up on UPL. Can check link to related ideas. Target 1 achieved. More than 17%. Target 2 is ON. Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only.
#upl #weeklyTF 603 to 610 very important zone for strong bullish move ahead.
I have already posted this tarde back on 13th Feb when the share was stuck in a triangle pattern and was in a bullish move. I have added one lot then and now it is making HH's and HL's which means uptrend is confirmed . So adding one more lot and reducing the risk as well. ------- Adding the old chart posted on 13th Feb , please check : ------- Holding two...
self explanatory chart with short term Target and buy range buy on every dip
UPL has given a perfect bounce back from 50% fibo levels and taking a support at 32% level now. As the stock has not rallied with index after sudden fall after results. It can zoom again to touch its levels on the chart for 580 - 600 levels. All levels are mentioned on the chart. DISC: please consult your financial advisor before making any bet.
#UPL CUP & HANDLE formation 1. Need to sustain above 566.5 zone (immediate resistance) 2. CUP & HANDLE forming 3. CBSL 555 4. TARGETs 576, 588, 601, 614, 622, 641, 650, 674, 693, 709, 733, 793, 871, 963+
Short UPL position ally with SL 582 Between 564-568 Target 1= 515 Target 2 = 495-505 Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
Aggressive traders can take an entry here considering all the checklist factors. I am long here personally! Risky trade be carefull.
UPL has successfully retested its breakout levels. We may consider it for a Long Trade for Targets based on previous levels.