Timeframe 1D entry activated stop loss 689 target 765 follow risk management do your own analysis do workout do meditation start reading books
819-699 Please note these strong support and resistance levels in UPL and use the help of MACD to confirm the direction of the trend ! StochRSI intends a bearish move, but confirms when the level breaks
Upl price is consolidating in a parallel channel pattern on hourly time frame chart so if it will break horizontal trendline resistance then we can go for a buy and if it will break horizontal trendline support then we can go for a short.. For Buy Side-: If it will break the resistance and give a close above on the same hourly time frame chart so we can go long...
Possible chart scenario, moving average cluster. structure Invalid below 710 closing basis. long above 756 with SL 735. keep in mind earnings this week. NSE:UPL
UPL can be bought in CASH at 771.4 with Target of 815.70 and Stop-loss of 756.50
Target - 5% from breakout conformation Stoploss - your own wish Good company with strong fundamental.
Negative crossover observed at UPL chart on both daily & weekly timeframe. Weak market sentiment can drag it till 620 if it sustains below 680 levels. Short Trade can be initiated below 700 with SL above 720.
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UPL is multinational level company with high growth in consolidation zone.
UPL has talen support and leading towards 710+. SLnmarked in the chart..
Stock approaching Medium Term Support Levels. Value buying can happen in this Zone. Bulls will try to take contol here and push prices above this zone.
Upl are in consolidating in range.. if it breaks 750 we can go long for target of atleast 1:2 RR.. also we can buy at lower price because it will give breakout soon for higher level for sure.
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Medium Term View Sideways Trend. Below 870 Selling Pressure by Bears towards Support Area 690-630
UPL as per daily chart analysis is in consolidation Zone and stock above 838 for a target 844
UPL Ltd - 20.04.2022 The stock is trading @ 818 levels There is a RESISTANCE ZONE @ 821 levels The prices are above EMA RSI is 59 in weekly chart watch out for the price action
UPL is completing Head and Shoulder patter which may lead to target of 840 immediately and sustaining above 840 will lead to 850 levels soon