UPL will fill this gap that was caused by a sentimental reaction to a news that broke out which should ideally not create any pressure because both the parties involved (UPL and KPMG) have come out and cleared the air about the news reported. NOT INTRADAY trade. But at current levels. Target at 515. Stop loss at 456. Duration: 1 month. To reiterate, it's...
The stock is now at the base of the channel. The W pattern indicates trend reversal. The hammer candle is a clear indication trend reversal. Confirmation of trend reversal is when it crosses the previous high. Level given below :- Buy above 515.55 A Multi-time frame analysis also indicates trend reversal. The analysis is given below. Note: Avoid the...
The stock is now at the base of the channel. A rejection candle is formed in the daily timeframe indicating a bullish trend reversal from here. The hammer candle is a clear indication trendreversal. Confirmation of trend reversal is when it crosses the previous high. Level given below :- Buy above 515.55 Note: Avoid the stock if a big gap up or gap down is...
NSE:UPL is showing weakness and forming head and shoulder.
UPL has made a bearish candle on Friday, but is still in the upward band. If it breaks low of the previous swing low, then upward move will be negated, till then it is in upmove.
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If UPL able to break the support level and as well as TL below the level of 501 for the next target level of 475 with the SL of 513. This is retracement expected. This is for educational purpose only.
I 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...
UPL took heavy support on 9 e.m.a for consecutive days, Plus it almost broke a key Level. If broken 533 key level with good volume can achieve first target of 545-550. Second target would be 580-585 and would ge 600+.
RSI is supporting 50 Here we can add quantity Do your analysis before making any Trade or Investment You are responsible for your trade and investment.
the chart seems bullish as it has broken its daily and weekly resistance.
buy above @ 501.80 Target @ 595 ( 18 % ) StopLoss @ 437.85 #Follow Us
UPL is trading near its swing high, looking at the momentum, it may give breakout in coming session Buy can be initiated above 536, Resistancepresent @ 550, SL 528
In my earlier post of 19 Aug, I have mentioned two direction for UPL. One was creating the Raising Wedge and the other if the Wedge is broken Upwards. Now it's clear that the Wedge has broken upwards and a Bull Flag is visible. This will now continue to travel in the Channel. Target on the chart.
NSE:UPL Trading above all important exp moving average (50,100,200) in daily and weekly time Frame