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
UPL LTD seems Ascending Triangle Pattern in 15mins. if price sustain above 693, It will reach upcoming mentioned targets. keep watch for breakout confirmation.
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
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...
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.
Chart 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.
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...
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...
share 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
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...
*Always Enter With good confirmation & Maintain proper Risk Reward.
******* Knowledge Purpose only ********
I am not a SEBI registered adviser. All the information provided by me are for educational/informational purposes only. There have been no promises, guarantees or warranties suggesting that any trading/investing based on any information, will result in a...
NSE:UPL
Trade Setup for 28-07-2021
1) For the buy trade
Go Long above 816. Targets are marked on the chart.
2) For the sell trade
Be cautious. Once it break the trendline let it trade below it. For safe sell/short side trade better to short below 801. And targets are marked on the chart.
Considering current volatility, I have given small targets. better...
Book profits in upl. Higher chances to correct from here. Do not initiate long here. You can be trapped.
See, charts for more information. According to Elliot Waves also . its time for ABC correction.
Note:- I am not SEBI registered . All Views and trade setups are my personal view and my personal trade setup.
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![UPL: Simple Trade Setup | UPL | 07-04-2022 [INTRADAY]](https://s3.tradingview.com/k/kkKru3JP_mid.png "Simple Trade Setup | UPL | 07-04-2022 [INTRADAY]")
![UPL: Simple Trade Setup | UPL | 15-12-2021 [ INTRADAY ]](https://s3.tradingview.com/2/2EgRcvwo_mid.png "Simple Trade Setup | UPL | 15-12-2021 [ INTRADAY ]")
