UPL Ready for 800-840 UPL forming flag & pole pattern on weekly time frame. above 750 it'll give flag breakout. One can go long above 750, with SL below 715 for target of 800-840
LongUPL
Long
Long UPLUPL chart is looking good for short term trades
1) breakout from descending trendline means trend has changed
2) above 200 EMA
3) ROC looks good
Long
UPL Falling ChannelUPL has been trading in falling channel and is currently near the upper band of channel, price rejection is visible at these levels. The price action behaviour of this channel indicates that we can see some fall in UPL and price could go to 700 & 680. View neglected if price breaks the upper band and sustains. Stoploss for this setup is 768 or conservative traders can use channel break as an exit trigger. As shorting a stock on carry forward basis is not possbile and not everyone has adequate margin future trading so here is some strategy that we can use in options :-
Bear Call Spread - use strike price of 800 or above
Bear Put Spread
Short
UPLshare name : UPL
call type : poistional
- high of 760 is acting as a huge res for this share
- double bottom and rang formation pattern can be seen
- ab=cd forming
if price comes 765 , we can initate a buying at price with sl of sl 745
approchable target 962
thanks
Long
UPL LTD _BUY BUY BUYReasons for building positions in UPL Ltd
1. UPL Ltd has consolidated for more than 5 months now
2. Support from important 200 days EMA
3. RSI in oversold position
4. Positive Divergence on RSI indicator
5. Risk to Reward is very lucrative
Long
Long
Triangle patternNSE:UPL
The formation of the triangle pattern is visible.
Will this breakdown. We have to wait and watch in the coming few days.
#UPL #23/10/21 #GOOD SETUP FOR 25%SIMPLE RESISTANCE CAN ACT AS SUPPORT. GOOD FOR LONG
BULLISH .
TRADE wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
Long
Swing SetupEXPLANATION : This is a Daily time frame chart of UPL . The stock has been in a downtrend for days and has formed double top pattern . If give a strong breakdown and broke its demand zone with volumes and has retested the same. I am bearish on this stock for the coming days . If taken support from demand zone we buy at the bottom and sell at the top , I am bullish on this stock for the coming days . Enter as per your setup .
If you like the analysis give a Like // Follow for more updates , let me know in comments below :)
Possible Down - Short TermShort @750-745
Target <700
SL - 775 (Day closing should be >=775)
Analysis - Taking reverse from the resistance with shooting star candle and also the candle is formed near 50 days average line.
Short
UPL UPL on Daily timeframe
UPL showing a trend reversal, the stock was on downtrend since july but started showing a trend reversel. The stock might give a breakout, add the stock to your watchlist so you don't miss out.
Long
Long
Long
UPL on Weekly timeframeHere, we can see the resistance is acting as strong support now.
Volume is generating for this week.
Probability of strong upward move is high than downwards.
This post is for education purpose only.
Long
Long
Short
UPL - BULLISH DIVERGENCE & FALLING WEDGEForming a falling wedge pattern and bullish divergence.
can start buying now for 5,10,15+ % retuens
Long
UPL BreakoutUPL has given a fresh breakout from daily downward trendline (Yellow).
A 1:2 Risk reward trade can be taken at current level ie 752 for a target of 818 and Stoploss 720
UPL 'Udega Trade' || RR is 1.9UPL can break the falling wedge pattern and make an up move soon, keep on the watchlist. Do follow for new ideas !
Long
'UPL' SWING TRADEBuy/Sell only on given levels. The above chart is only for educational purpose. Make sure you don't trade blindly, reanalyze and trade.
Falling Wedge Pattern Breakout in UPL On daily timeframe falling wedge pattern in UPL. Once this stock gives breakout of it's resistance level then expected this stock will move towards the 790 to 850+ target in short term time frame. Good to go long in this stock above 740 with close stop loss at 700 for target of 790 to 850+.
Long
UPL Trade Setup For Monday (11th October)UPL share had following the trendline from last so many days, on Friday the stock break the trendline.
.
736 is a strong resistance multiple times stock touch this level and then reverse. Now the stock is trying to break again.
.
On Monday if Stock goes above 740, you can buy this trade.
.
Safe Trader can take once it goes above 745 for the short term target of 760.
.
What's your view on this comment below in the box.
