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
The stock has been trading in a range for a long time , now its about to breakout ; buy when the price gives a clear breakout on the neck line. Consider the time frame here , I have used 1 Day as TF so the chances of hitting the targets are good only when you hold it for a longer duration. The SL here is of 3.5-4% , so do your Position sizing according to your...
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 looking good for buying above 815 for the target of 950 ++ because its making cup and handle pattern and trying to give breakout... keep learning stay tune
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. ------------------------------------- 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...
This is just for analysis purpose and no buy or sell recommendation. Chart is self explanatory.
Head and Shoulder formation is taking place. MACD is showing bullish cross over indication positive momentum on weekly chart. Chart setup is good to long UPL for high targets. UPL is currently operating in channel and once it breaks out of the channel, we can see very good movements coming. Disclaimer: This is an educational chart analysis and not any kind of...
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...
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 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...
UPL Bullish Chart Analysis for This Week Bullish Long Position
EXPLANATION : 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...
UPL can break the falling wedge pattern and make an up move soon, keep on the watchlist. Do follow for new ideas !
Key Highlights: 1. Interacting with the trendline 2. Bullish MS on the lower time frame 3. Rebound from 200 MA cluster 4. Volume expansion 5. Already reversed on lower time frames 6. Bullish divergence 7. Falling wedge pattern 8. Rebound from the demand zone Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest...
RSI Divergence seen in UPL daily chart and High delivery % NSE:UPL
Upl me hmm sb lo ek achh sa ( descending triangle pattern ) type se bana hu hai lekin ye ek bearish hai ok
hello traders pls check the chart and do ur own analysis also +its not a call* hit me with any questions in the comments sections