UPL
UPL SHORTI hope you can now see how UPL represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
Stock Analysis of UPL Ltd.UPL Ltd–CMP - ₹445.80 Dt.–27-07-2020
On a daily chart, the stock is giving respect to the trend line as well as to the 21DEMA. 3 times stock has taken the support of the trend line and bounced back. In the last trading session, the stock has given a slight close below the trend line but above the 21DEMA. It looks like if stock started moving up then it will face the resistance at ₹460.55 and then ₹470.30. If stock follows the trend and moves down, then it can take support at ₹439.15 and then ₹422.50.
RSI and CCI are neutral however the MACD has given the sell signal.
UPL - Intraday Trading Setup for 24 July 2020.Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
UPL - Deja Vu
The stock is sitting beautifully at its 0.618 retracement level.
Two long term supports/resistance are drawn at 480-482 & 498. You will have to scroll to left to see why!
It made a Shooting star today but I won't read a lot into it.
Positional Trades:
Go long above 465 for 470, 475, 478, 482 with SL at 459
Short below 459 for 455, 450 with SL at 464.
Please note the use of "above" and "below" instead of "at" !
Cautious View on UPL for 24th July 2020In today's Trend it has been observed that the Script has touched and faced a hurdle at this Trerdline near 470 and could not sustain. the Stock has made Double Top and Double Bottom Format so now it's positioned at a stage where it can give a Breakout or Breakdown.
So be Long if Crosses 475 for the Targets of 480-485-490 Targets.
Go Short if Sustains below 456 for 5% Downside before Earning.
Fundamentally good stock and expectation of Good results at high on Street.
Happy Trading.
It's my Personal View, Please don't treat as Recommendation.
UPL Trade SetupThis Analysis Is Done Only For Educational & Intelligence Purpose, Invest Or Trade At your Own Risk & Will.
Upl breakoutUpl is Trading on trendline.
If 5 min. candle closing is above 465, further upside expected.
Support near 450
UPL Intraday Trading Setup for 23 July 2020Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
UPL Analysis Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
[Inside Bar] UPL Buy above 445 with Sl at 435.5
Sell Below 435.5 with SL at 445
~ Inside bar trades are generally aimed to capture the compression effect i.e sharp breakouts. Profits are
taken quicky or trailed in most of the cases and closed before market close barring rare cases where price action analysis suggests otherwise.
~Manage risk, reward will take care of itself
UPL break down from rising wedgeThere may be a break down in UPL on the rising wedge. On a good closing below the lower TL, we can expect UPL to go down further till 400.
*For educational purpose only.
UPL - Build up near lower band in channelNote: This is for educational purpose only.
There seems to be a build up near lower channel. However, the build up is not too strong. Shorting opportunity might come if the channel is broken downwards.
UPL- SHORT below 458.5 ONLYUPL Short below 458.5 (only if 5 min candle close below 458.5-458.6)
SL: 5 Point
TGT: about 8 points (will update later)
UPL LIMITED Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
UPL Target AchievedStock moved higher than first target of 448.95 level in first fifteen minutes today.
UPL : Profit levels in Swing TradingBullish view in UPL for swing .
Chart is self explanatory.
Profit Positions : labelled with highlighted Blue Colour in chart.
UPL INTRADAY LEVEL FOR 29TH JUN-2020UPL INTRADAY LEVEL FOR 29TH JUN-2020
BUY ABOVE 443 SL 440
TARGET: 446, 449, 452
SELL BELOW 440 SL 444
TARGET: 437, 434, 431
IF TRADE BELOW 429 THEN 419-422 POSSIBLE
Posting for Educational purpose only
