UPL
UPL: corrective sequenceAfter an ending diagonal with clear five wave structure the stock prices has fallen swiftly down to the level of 582. This can be termed as wave a for a larger flat correction. Sell near the level of 640 for downside target of 600/540
UPL | INTRADAY TRADE IDEA | 26/4/21UPL is at a crucial level can give move in either side .Wait for the breakout of trend line and candle closing at 15m time frame.
------HAPPY TRADING
UPL LIMITED - 26 APR 2021 - INTRADAY PLANUPL LIMITED - 26 APR 2021 - INTRADAY PLAN
UPL Limited currently looks bullish on 15 mins chart with good volumes on buy-in last one hour.
Intraday targets shared on the chart.
Buy Buy at cmp with sl below 579 on daily closing basis for target of 750+.
Positive hidden divergence is clearly visible . Range is contracting along with volume contraction. RS is still positive.
Disc : it's not an investment advice to buy or sell
▼ ▼ ▼ ⚡ UPL ⚡ ▼ ▼ ▼Previously on UPL we noticed static Downtrend from the level of 673 and that Downtrend continued for a bit long.
Currently we are expecting the same Downtrend will continue for next 2-3 days as par our Technical and Statistical Analysis.
Enter into the market after the clear trend defined into 5 Min Time frame and wait until formation of 2 Continues Red Candles in the downside.
Entry,Target and Stop Loss :
Entry : Anywhere below 611
Targets : 589, 587, 586.5
Stop Loss : 627.65
This Targets are based on my Risk Appetite . Put Stop Loss and Take Profit targets according to your own Risk Appetite if possible.
Happy Trading. :-)
Note :
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Bullish bat UPL 15 min Potential reversal zone 630-33
Target 650
view negated below 625 daily close
Thanks
JP PRO-HARMONICS
Jigar Pateel
8898030401
[positional] Ultracemco Long.....[other up trending stocks]UP trending stock under consolidation
buy above 6960
target of 7523-7920
SL below 6000
good volume in uptrend
and currently under consolidation phase with decreasing volumes
Other stocks are
1.sail
2.tatasteel
3.tataconsumer
4.tatachem
5.upl
6.Dr. Lalpathlab
UPL INTRADAY FOR DATE 08/04/2021 BUY AT LEVEL OR ABOVE 656 WITH STOPLOSS 653 -> TARGET 1= 662 , 2= 667
SELL AT LEVEL OR BELOW 650 WITH STOPLOSS 653 -> TARGET 1=664 , 2= 639
LIKE IF YOU WANT MORE INTRADAY REMARKS .....
..DISCLAIMER: NOT SEBI REGISTERED ADVISOR THIS IS FOR KNOWLEDGE PURPOSE
UPL: Consolidation and BreakoutAll levels are mentioned on the chart
DISC: For educational purposes only.
This is our 3rd analysis for UPL. Watch out all previous ones in links section.
UPL - good bullish view above 660 levelUPL has given cup and handle breakout on weekly charts in recent past.
Price has shown consolidation above breakout level in past few weeks and confirming breakout is bull sash pattern
In the recent past there has been a resistance breakout around price level of 640.
Major up move can be possible above 658 - 660 zone.
Targets of 700+, and good possibility of it breaking 52 week high in coming days.
Stop loss level of 637.
If Breaks 635 level then go for buy. This Trade idea is for 31.03.2021
If Breaks 635 level then go for buy.
If Breaks 626 level then go for sell
Entry points marked in yellow
NOTE: For perfect entry watch it on 5 Min candle, If trade goes bullish we can see new 52 Week's High.
For Safe Trade:
Book Profits after 1st target hit or book 50% and trail SL and wait for 2nd target to hit Or Close the position.
UPL_SHORT TERM OPPORTUNITYUPL may show upside movement once if it breaks the trendline in 30mins.
We can keep eye on this.
(for educational purpose only)
UPLNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
