UPL - 30th June 2022Stock approaching Medium Term Support Levels.
Value buying can happen in this Zone.
Bulls will try to take contol here and push prices above this zone.
UPL trade ideas
GO LONG ON UPLNSE:UPL
IT IS SWING TRADE if takes a pullback from the price 630
The stock is at great support zone from which it can move upside
1 target is 715 and 2 target is at 770
This is for educational purpose
UPL - 21st June 2022Stock at Key Support Area of 640-600.
Holding these Levels can help bulls to push prices higher.
Break of the support levels can cause choppy volatile moves.
guess what's next guess what's next
bearish continuation pattern
The reverse cup and handle pattern is an upside-down cup followed by a handle and a breakout to the downside. It represents a bearish continuation pattern. The pattern is formed by a drop, a rally, then another drop back to where the rally started. A handle forms, which should be less than a third the size of the cup.
UPL Range Break Expted.Simple Range break
Earlier Range breakdown failed. and aggressive buying emerged.
Stock comfortable above 20 SMA
SL 780
target 940
Positional trade in UPLUpl are in consolidating in range.. if it breaks 750 we can go long for target of atleast 1:2 RR.. also we can buy at lower price because it will give breakout soon for higher level for sure.
Upl in Bullish flag pattern on 15m TFUpl is giving a great opportunity for intraday players in bullish flag pattern. We can take both side trade in upl. If upl Cross above 773 & Hold themselves we can buy with 770 sl & With the Target of 778,782.But if price cross down 765 & hold themselves we can sell with 770 sl & with the target of 760,756.So, Trader's it's great opportunity to make money in Intraday.
UPL Target AchievedFollow me for more such breakouts if you also want these breakouts then contact me.
you'll be receiving the intraday and positional charts on a daily basisi.
UPL LONG NSE:UPL
One can Go long after the BO or strong close above the trendline !
SL to be placed Bottom of the candle.
Weekly TIme frame !
Agro chemicalsChart created for Agro chemicals
Mix of all combination used it for internal reference
short UPL the price has toched supply zone for 4th time in monthly chart and created a assending channel in supply zone(resistence).so do short the market.
UPL Long at 770Tranche 1 of 40 shares @ 770
1. Market is in what stage - Identified by what kind of highs and lows that are being formed + movement of price w.r.t 21, 50 and 200 EMA
Price bottomed out in Nov 2021 end, then started to move up. Price crossed over 50 DMA and 21 DMA and went to the top of the range till 836 and then corrected back to 50 DMA
Tranche 1 brought at 50 DMA + fantastic Q3 2021 results
2. Is there any trend reversal in play?
1. This is a possible trend continuation in play though will add more if it moves to 200 DMA (also a Q3 2021 results)
2. At important support or resistance - horizontal - Yes brought at correction up to 50 DMA
3. At important confluence of EMAs + price + support - Yes - Daily 50 DMA
3. How are the candlesticks behaving and what is the volume doing
Candlesticks - No clear play as of now
4. Is there any trend continuation in play?
Trend continuation might be in play because of the amazing 2021 Q3 results
5. Is there any pullback or breakout in play with volume confirmation from a strong horizontal level (support or resistance)
Pullback to 50 EMA (Daily)
6. Fundamental factors in play
1. EPS growing quarterly and yearly due to revenue growth... PE is lowest compared to EPS growth since Dec 2020
2. Are institutional investors/promotors increasing their stake - Slight decrease in FII but lapped up owners and DII
UPL LIMITED ( EDUCATIONAL PURPOSE ONLY)
There is no guarantee in stock market and Nothing over week
Always Invest or trade according to your loss bearing capacity
STOCK TO STUDY (EDUCATIONAL PURPOSE ONLY)
UPL LTD. with target of RS 820 CMP IS RS 792.15
STOP LOSS: ACCORDING TO YOUR RISK APPETITE OR AT RS 760
Disclaimer: I am not Sebi Registered. All my ideas/opinions and analysis are for your information and educational purposes only and it does not constitute any recommendation to buy or sell any stock or index. Use your own wisdom.
M B PANDEY
Student of Share Market since 2015
B.Sc. (MATHS & PHYSICS)
Disclaimer: I AM NOT SEBI REGISTERED
UPL - 10th May 2022Medium Term View
Sideways Trend.
Below 870 Selling Pressure by Bears towards Support Area 690-630
UPL DAILY CHART ANALYSIS AS ON 02.05.2022UPL as per daily chart analysis is in consolidation Zone and stock above 838 for a target 844
UPLAgain it is looking good likewise did earlier, only we just take the view of market trend and it is in good risk to reward ratio too
UPL Hourly chart structurePrice is in a perfect range in the hourly timeframe. Price Volume analysis giving early hints of breakout to the upside. Clear resistance levels marked.
NSE UPL (WEEKLY)Weekly closing below red trend line, will indicate strong weakness.
This line also coincides with Gann 2/1 line.
If price closes above ~864, then after retesting it might march towards 1033.
RSI is also moving in channel and currently at PEAK.
UPL : PARALLEL CHANNEL BREAKOUT Case study
View: Bullish
-> buy on current levels 760-765
-> parallel channel successful Breakout
-> volumes increasing
-> long resistance breakout (760 level)
-> t1 800; t2 835; Sl 700
-> Buy on every dip till 735
UPL Ltd - 20.04.2022UPL 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 @ 818 target 840 / 850 UPL is completing Head and Shoulder patter which may lead to target of 840 immediately and sustaining above 840 will lead to 850 levels soon
