Even though there aren't volumes catching up, we can see a divergence on weekly timeframe. Why bullish view: 1. Divergence on Weekly Timeframe 2. Hammer candle with bullish harami candle, which you don't get to see a lot. 3. A long upward channel has been formed at support level.
Investment Pick Buy UPL At Cmp 616.25 SL - 570 ( Monthly Closing Basis ) Target - 1200 ++
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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. ------------------------------------- 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 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...
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...
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 me hmm sb lo ek achh sa ( descending triangle pattern ) type se bana hu hai lekin ye ek bearish hai ok
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makte making double bottom and having result so you can go long and make good profit if you like the post plz follow me.
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...
If UPL sustain on his resistance than it will go upto 950