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UPL

UPL LIMITED INTRADAY FOR CHRISTMASLET BOTH BLUE TRENDLINES BE BROKEN ON CLOSING BASIS AND MAKE SURE BULLISH HAMMER IS NOT MADE ON THESE TRENDLINES ITS NOT GOOD SIGN THEN AFTER BROKEN WAIT A LITTLE AS A CANDLE WILL TRY TO RETEST THE BROKEN TRENDLINE THEN GO SHORT IF REJECTION CANDLE IS MADE DOJI TYPE TARGET GIVEN BUT IF TRENDLINES NOT BROKEN STOCK MAY TOUCH UPPER TRENDLINE GOOD LUCK INTRADAY IS NOT THAT EASY STILL KEEP TRYING USE 20 MINUTE CANDLE NOTE: TRADE AT YOUR OWN RISK
NSE:UPL
by UnknownUnicorn2321966
UPL: Gearing for some upside ..After witnessing a sharp decline since May this year UPL has managed to stage a slow but steady revival . The daily charts reveal a steady trended action that is seen generating a demand at every pullback. The ascending trendline support suggests that the uptrend is intact and we could see more upside as value area resistance around 600 has been overcome. With the RSI also rebounding from the neutral zone one could expect that the bullish bias could persist and one should look to participate at current levels for an upside towards 645. One could also look at dips towards 590 as an additional / alternate levels to buy into. The stop for the trade would be below 580 at the time of initiation. Idea sourced from NeoTrader trade.chartadvise.com
NSE:UPLLong
by Raja_Chart_Advise
UPL - 60Min - More 10% downside ?UPL is in a deeper bear flag continuation pattern. The stock is approaching a key zone between 556 - 565. This will be the 3rd touch of the bear flag indicating pattern completion. If there are strong rejections at this area the stock can reserve and continue its move to the downside potentially till the 500 levels. Sell Zone - 556 - 565 Traders should enter short only after the close of any rejection candle. ( pinbar, engulfing) Stoploss - 570 Target 1 - 520 Target 2 - 500 Disclaimer This content is for information and educational purposes only and should not be considered as a piece of investment advice or an investment recommendation. Past performance is not an indication of future results. All trading carries risk. Only risk capital which you are prepared to lose.
NSE:UPLShort
by PranamGhagare