UPL
UPL Long OR short...UPL ready to break the trend keep watch and confirmation the trend break then entering the trade. Otherwise do not break the trend TP levels mentioned on the chart...
Disclaimer:
The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable for your own financial situation.
I am not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
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UPL triangle pattern (Descending)Guys UPL make triangle pattern (Descending) keep watch if breakdown sell
Disclaimer:
The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable for your own financial situation.
I am not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
Hope this idea will inspire some of you! Don't forget to hit the like/follow button if you feel like this post deserves it
UPL symmetrical TriangleGuys UPL Make Symmetrical Triangle keep watch. All level mentioned in charts
Disclaimer:
The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable for your own financial situation.
I am not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
Hope this idea will inspire some of you! Don't forget to hit the like/follow button if you feel like this post deserves it
UPL Elliott Wave AnalysisUPL in corrective wave form. Looks like forming a WXY corrective pattern - ZigZag + Triangle in Wave 4. Triangle Base at 38.2% Fib Ret Lvl.
Expecting UPL to rally till 735 levels forming Wave d and then reversing upto 675 levels to form Wave e of the triangle, before brkg out.
My PredictiveEngine's Intraday call(14-May-18)-UPL-Long BasedBased on my PredictiveSystem's signals, its going to be a GREEN candle on 14-May-2018 for UPL
Buy Above: 737.1 for targets -
T1: 742.6
T2: 745.9
T3: 749.4
SL: 731.2
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
My PredictiveEngine's Intraday call(16-Apr) - UPL - ShortBased on my PredictiveSystem's signals, tomorrow (16-Apr) its going to be a RED candle for NSE:UPL
Sell below: 744.9
Target-1: 739.4
Target-2: 736.3
Target-3: 732.8
Stop loss: 751.9
Note: These calls are based on my own analysis. It may or may not work well for you. So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
STOCKS TO AVOID < 3 > (conditional ..levels of 75) better stocks of the same sector are available like { X , Y ,Z } , I would enter the stock only if it sustains above 75 ... !
My PredictiveEngine's Intraday call(28-Mar) - UPL - LongBased on my PredictiveSystem's signals, tomorrow (28-Mar) its going to be a huge GREEN candle for NSE:UPL
Buy above: 738.7
Target-1: 744.2
Target-2: 747.5
Target-3: 751
Stop loss: 732.6
Note: These calls are based on my own analysis. It may or may not work well for you. So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
Short UPL as per MACD & Stochastic signalsNSE:UPL is one of those stocks where it seems bearish phase is yet not stopped. Fresh signal are given by MACD crossover as well Stochastic crossovers. Interestingly both are also giving bearish divergences (observe down arrow) which confirms our short selling call. Short Sell in range of 700-705. Targets will be 693(T1), 680(T2), 672(T3). A stop loss of 709 is highly recommended.
Intraday Real Trade: Price Volume AnalysisHi guys, what a day. I had to wait till afternoon for the short opprtunities. The patience really paid. I had three nice trades and I would like to share one special trade in UPL.
Price Volume Analysis
It opened with a gap down and made a spike low (see A). Later it broke that low and formed two more spikes with larger volumes, clear indication of some buying power. Buyer had a nice rally to retest day's high but soon seller came back (see B). After that, the stock struggled nearly 2 hours to breach the day's high. At this point I was expecting the break of high where price action gets into the gap zone and make some bearish signal (a fake breakout), that would have been my trigger for short entry. Unfortunately that didn't happened. But the overall market was breaking down and UPL, a weak stock, was standing still. That was alarming. It made a small last attempt to go higher but failed. Some people would call it triple top, well that's in intraday so not that important. But failures are important.
The Trigger
And then came the trigger which is not visible in this chart but is there in the 5min. chart or lower (will be posted in the update). It was a huge spiking volume with no real progress on 5min chart (the candle closed green with a very small range). It alerted me that if the price heads lower, that would mean that sellers will surely take control (of course the overall downtrend gave additional fire to the idea). The triggered forced me to take the short trade at 745.80. It was a quick sell-off afterwards, which took it to my conservative target of 739.20. It was a nice 1% down move caught later in the day. I could have made more but time constraint kept me conservative. Its always good to combine intraday trades with your swing trades.
I hope I was able to throw some light upon the chosen topic.
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