UPL looks good having broken out of a falling trend line. CMP is 813, Buy for a target of 850-855.
NSE:UPL Hello All! UPL has been traveling in a channel since March 2020. It came back to its lower channel trendline, took support, and took off. It also broke the trendline 1 with good volumes. This I believe generates a good opportunity to go long! Besides Price action, there are other factors too which strengthen my conviction: ->Support of 50 day...
Here is the trend analysis chart for UPL ... plan accordingly and trade
UPL, This stock has completed wave 4 and is possibly unfolding wave 5, hear is an example of good classic breakout and double confirmation would be done on closing above 795, One can go long at current levels or in dips (if any) with mentioned key levels on chart. wave structure breakout with good volume macd in weekly uptick macd in daily positive and...
One fundamentally strong stock in the Nifty 50 Technically, it is at a good level. Let's see if there are any breakouts from here. UPL is now nearly 10% lower than its 52-week high. From Sep onwards, it traded in a narrow range. (760H and 676L)Look at the chart now; it is testing the 760 level; let's see if there is an opportunity to the upside. If the Nifty gives...
On the 1 Hour Chart of UPL LTD., we can witness a beautiful Formation of "Bullish Engulfing" on the downside levels. Therefore, we are expecting a bullish momentum in the stock in the upcoming trading sessions. Where the stock is being expected to face a resistance initially at around the levels of 741.10, 747.80, and 755.10. Whereas, on the other hand, on the...
NSE:UPL Observations: 1) On 1day time frame,it closed just above 100DMA. It is trading above 50DMA which will work as major support now. Once it start trading above 100DMA then it will be bullish. 100DMA is placed at 745.08 50DMA is placed at 730.49 Please refer below chart : 1day Time Frame. 2) ALso on 1 day time frame, it is still trading in long...
The analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock...
upl is very good for go long ... add upl on your watchlist...
Short upl at 744-745 level sl 750 cmp 742. Stock forming rising wedge, retracement is around fino 60% ...double confirmation to short with very small sl for 725-28 tgt
UPL is showing strength in weak market and chemical sector is rebounding, also MACD @2h is bullish but on daily it is making patterns to becoming bullish with double-crossed in lower side by longs, Promoters also bought shares last month.
Why this Trade..?? Bearish Because... 1.Head & Shoulders Pattern 2.Support 686 level is Pending Bullish Because.... 1.RSI Showing Divergnce, So Fake breakout can be possible. 2.Fake Break out can give good up move,but the sentiment is Bearish Finally, it is a Neutral Stock to trade based on the momentum and Sentiments Disclaimer:This view is purely for...
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 BREAK-OUT after a long bull run consolidated and now developing potential to go up. TRADE TYPE : SWING(3 months and above) TECHNICAL : FIB RETEST , CHANNEL PATTERN , BREAKOUT
UPL is forming impulsive wave 5. Price was having complex correction of the wave 4. Wave 4 retraced 0.382% of wave 3, and the price increased sharply. The price target for UPL is 964 because wave ((5)) ends at 161.8 % of wave ((4)). The buyers can initiate the long position on a pullback. If you are not a swing trader, you find sub-waves on smaller...
Same level tested by the stock earlier as a support and then as a resistance. Recent break above that level opens up a swing trade opportunity for the risky players. DYOR..
The chart is self Explanatory, So i am not going to explain anything more. And this is an Investment Idea not Trading idea. Those who wants to invest Have patience and add on dips.And for trading purpose 790 is a good level to book profit. Chart & Analysis By - ADARSH DEY