UPL DAILY CHART ANALYSIS AS ON 02.05.2022UPL as per daily chart analysis is in consolidation Zone and stock above 838 for a target 844
UPL
UPL Ltd - 20.04.2022UPL 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 @ 818 target 840 / 850 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
Simple Trade Setup | UPL | 07-04-2022 [INTRADAY]NSE:UPL
Observations:
1) On 1day time frame, we can see it is has formed cup and handle pattern.
Please refer below chart : 1day time frame.
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Trade Setup for 07-04-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Inverted Head and Shoulder Pattern in UPLPossible inverted head and shoulder in UPL in a daily time frame. First Target 850 range if it break 850 range. It can reach its pattern target 1013. As 850 range is tested multiple times so there is high chance price can reach its pattern target if it break 850range with volume. Do your own analysis before investment. Its purely technical call.
UPLUPL is being rejected from its bottom support of 679 for the past couple of sessions. Today it gave a major resistance breakout .
How to Trade With The Help of Ichimoku & FibonacciLearn to Trade With The Help of Ichimoku & Fibonacci , Backtesting
UPL LTD towards retesting its Channel Break out.Buy Some at 730-740
Add More at Dip Levels - 720 -700
Targets:
Short term Target1 : 792
Short term Target2 : 847
Mid term Target3 : 870
Long Term : 910
Note: This is for educational purpose only
Buy in Small qty at support
UPL trade analysisThis is just for analysis purpose and no buy or sell recommendation.
Chart is self explanatory.
#UPLLTD Potential resistance breakout#UPLLTD Potential resistance breakout
This chemical sector stock has bullish momentum and trend and is at a potential breakout zone.
Place Tight stop loss and entry only above high of confirmed alert candle.
UPL on uptrend!!The stock has broken a resistance zone ( as shown on chart) and with RSI above 65 its on rise to reach the levels shown on chart.
NSE:UPL All levels marked on chart !!NSE:UPL
#NSE:UPL trading bullish and reached resistance level, all possible levels marked on chart !
When u message me, be clear on what u want and explain in details with charts.
Then the communication time will be more faster than unwanted wastage.
BUY UPL, target price Rs: 850Trading rationale:
Focus on Chemical and Fertilizer stocks till budget,
UPL is best buy in agro chemical space,
Breakout from expanding channel on weekly time frame,
Bullish crossover on MACD & RSI is above 60 suggesting strong trend of the stock,
Option buyers can track 790 CE which is trading at 23.45 with a sl of 16 for targets of 32/40
Swing traders can buy @ CMP: 788 SL: 740, for targets of 850, horizon: 3 weeks.
UPLA simple Flag pattern , can buy at retracement , can go for long if 4 hour open close after retracement.
UPL - Potential Breakout on upsideChart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
UPL Trendline Breakout BullishUPL looks good having broken out of a falling trend line. CMP is 813, Buy for a target of 850-855.
