UPL in circular uptrendclearly visible resistance: 1. 616 2. 643 3. 675 Targets are resistances supports on curved surface views are personal, consult your financial advisorsLongby dinu1984eck115
LongLows of candle 10/09/2024 not broken. Can expect a long. Compressed or decrease in volumes since last few days. Expecting a break in trend line with huge volume. SL-595-600.Longby cheerfulEagle139553
#Upl cash : Looks good above 618.10#Upl cash - Positional call 16.09.2024 Looks good above 618.10 Stoploss 610 Tgt 628-630/636 Cmp 613.50Longby anandnst2253
UPL | Wyckoff Events & Phases Explained Wyckoff developed a price action market theory which is still a leading principle in today's trading practice. The Wyckoff method states that the price cycle of a traded instrument consists of 4 stages – Accumulation, Markup, Distribution, and MarkDown. 👉TEXTBOOK EXAMPLE Accumulation Schematic: Wyckoff Events and Phases👈 Price Action Analysis And this is the accumulation stage - 1) PS— Preliminary Support, where substantial buying begins to provide pronounced support after a continued down-move. - Volume increases and price spread widens, signaling that the down-move may be approaching its end. 2) SC—Selling Climax, the point at which widening spread and selling pressure usually in high point and heavy or panicky selling by the public is being absorbed by larger professional interests at or near a bottom. - Often price will close well off the low in an SC, reflecting the buying by these large interests. 3) AR—Automatic Rally, which occurs because intense selling pressure has greatly decline. - A wave of buying easily pushes prices up. - The high of this rally will help define the upper boundary of an accumulation. 4) ST—Secondary Test, in which price revisits the area of the SC to test the supply/demand. - If a bottom is to be confirmed, volume and price spread should be decline as the market approaches support in the area of the SC. - It is common to have multiple STs after an SC. 5) SOS—Sign Of Strength, a price advance on increasing spread and relatively higher volume. 6) LPS—Last Point Of Support, the low point of a reaction or pullback after an SOS. 7) BU/LPS- Backing up to an LPS means a pullback to support that was formerly resistant, on diminished spread and volume. All the phases of accumulation stage- Phase A: Phase A marks the stopping of the prior downtrend. -- Up to this point, supply has been dominant. -- The approaching cutback of supply is evidenced in preliminary support (PS) and a selling climax (SC). -- A successful secondary test (ST) in the area of the SC will show less selling than previously and a narrowing of spread and decreased volume, generally stopping at or above the same price level as the SC. -- If the ST goes lower than that of the SC, one can anticipate either new lows or prolonged consolidation. -- Horizontal lines may be drawn to help focus attention on market behavior, as seen in the two Accumulation Schematics above. Phase B: -- Phase B serves the function of “building a cause” for a new uptrend -- In Phase B, institutions and large professional interests are accumulating relatively low-priced inventory in anticipation of the next markup. --There are usually multiple STs during Phase B' -- Institutional buying and selling impart the characteristic up-and-down price action of the trading range. --Early on in Phase B, the price swings tend to be wide and accompanied by high volume. Phase C: -- It is in Phase C that the stock price goes through a final test of the remaining supply. -- this marks the beginning of a new uptrend, trapping the late sellers (bears). -- It indicates that the stock is likely to be ready to move up, so this is a good time to initiate at least a partial long position. -- The appearance of an SOS shortly after a spring or shakeout validates the analysis. Phase D: --During Phase D, the price will move at least to the top --LPSs in this phase are generally excellent places to initiate or add to profitable long positions. Phase E: --large operators can occur at any point in Phase E. --These are sometimes called “stepping stones” on the way to even higher price targets. -------------------------------------------------- Regards, Revive Traders ------------------------------------------------ Guys check out the related POST as well, it went FANTASTIC ! 🙏FOLLOW for more ! 👍LIKE if U find it useful ! ✍COMMENT your views & feedback !Educationby ReviveTradersUpdated 2225
Start of Short-Term Bull Run in UPL?Disclaimer: The analysis is only for Educational Purpose. Please consult your financial advisor before taking any investment decision An ABC correction seems to have ended in UPL after a failed 5th wave. Currently it appears to have finished minor wave 2 of wave 3. It has broken a declining trendline with volume near the end point of wave 2 with high volume and big bullish bars which matches the personality of wave 3. If the above analysis holds true, then we are in a bull run with minimum upside of 15%-16% from the current levels of 534. A low-risk high reward entry point could be near the retest of the trendline or around 23-38% retracement levels of the last legLongby harshit22Updated 9
UPL 1HRINTRADAY / SWING TRADE - EARN WITH ME DAILY 10K-20K – UPL Looking good for Downside.. When it break level 599.20 and sustain.. it will go Downside... SELL @ 599.20 Target 1st 593.85 2nd 589.66 FNO UPL SEP FUT – LOT 7 (Qty-9100) UPL SEP 620 PE – LOT 7 (Qty-9100) – PRICE (26.90) Enjoy trading traders.. Keep add this STOCK in your watch list.. Big Investor are welcome.. Like this Post??? Hit like button..!!! Follow me for FREE Educational Post and Alert.. Shortby Prashant0191113
UPL -Cup and Handle - Breakout with volumeUPL -Cup and Handle - Breakout with volume Name - UPL Pattern - Cup and Handle Timeframe - Daily Status - Breakout with good volume Cmp - 598 Target - 719 SL - 584 Pattern: Cup and Handle The Cup and Handle pattern is a bullish continuation pattern Fundamentals: Here are some key fundamental ratios for UPL Ltd.: Market Cap: ₹44,908.86 Cr1 Current Price: ₹598.301 Price-to-Earnings (P/E) Ratio: 14.782 Price-to-Book (P/B) Ratio: 5.981 Return on Equity (ROE): -4.83%3 Debt-to-Equity Ratio: 1.153 Dividend Yield: 0.17%1 UPL Ltd. is a major player in the agrochemical industry, but its recent financial performance shows some challenges, particularly with a negative ROE and a high debt-to-equity ratio3.Longby VCharts_TA117
UPL mini breakoutUPL has good consolidated breakout at bottom levels. It can slowly achieve following targets. Longby ashishhcUpdated 2222
UPL on longterm support levelUPL recently retraced to It's long-term Support level, also seen, breaking the Trendline and change in price action Making higher low higher high Note : Always enter the trade with stop loss, not more than 10% of your capital Kudosby kunalsinghbalyan6
Breakout in UplPrice closed above the neckline, we can see upside momentum in upcoming days. This is for educational purposes only. Longby Imdx_HKR7
Turning Bullish: UPLStock with medium financial performance with average price momentum and valuation. The stock has low PE value and affordable. Investors interest has been increasing recently based on RSI strength. next Support: 540 - 520 Resistance Levels: 602 Long term target: 1000 (Expert Opinion based on fundamental analysis)Longby shanmurali2
UPL Share Price Analysis: What's Next for Investors?The UPL share price has been a topic of interest among investors on the NSE and BSE. With recent market movements and technical indicators, many are asking: What’s next for UPL Ltd? Let’s dive into the analysis to understand the potential direction of UPL shares. UPL Share Price Overview The UPL share price on the NSE has shown significant volatility in recent months. As of the latest data, UPL shares are trading at ₹568.95, reflecting a positive shift from previous lows. The stock has been on a recovery path, showing signs of potential upward movement, which has caught the attention of market analysts and investors alike. Technical Analysis of UPL Ltd Looking at the UPL share price chart, we see that the stock has been testing its resistance levels. The 50-day and 200-day moving averages indicate a possible bullish crossover, which might signal a buying opportunity for long-term investors. Additionally, the MACD (Moving Average Convergence Divergence) is showing signs of convergence, which typically precedes a price movement. The support level around ₹550 has been holding strong, and the stock appears to be forming a base for a potential rally. The volume spikes on positive days suggest institutional buying, which could further propel the UPL share price upwards. UPL Ltd: A Fundamental Perspective Beyond the technicals, UPL Ltd has been strengthening its fundamentals. The company’s recent quarterly results have shown improved margins and revenue growth, which aligns with the positive sentiment seen in the technical charts. This combination of strong fundamentals and promising technical indicators makes UPL a stock worth watching closely. Future Outlook for UPL Shares Investors should keep an eye on the UPL share price in the coming weeks. If the stock breaks through the ₹600 resistance level, we could see a sustained rally. On the other hand, if the price dips below ₹550, it might be wise to reassess the position and consider risk management strategies. For those tracking UPL on the NSE and BSE, the stock offers an intriguing mix of potential rewards and risks. As always, it’s essential to stay informed and monitor both the technical and fundamental developments surrounding UPL Ltd. Conclusion The UPL share price is at a critical juncture, and investors should be prepared for potential volatility. With strong support levels and positive technical indicators, the stock could present an attractive opportunity for those looking to capitalize on market movements. Stay tuned to the latest UPL news and updates to make informed investment decisions.Longby iampatilkishor1115
UPL Short Term near to Monthly breakout!585 Above buy after breakout. 100 point up move or moreLongby abhi16905
Is UPL investment worthy at 530?Disclaimer: This discussion is meant to be educational in nature and not a recommendation as I'm not a certified analyst. Fundas: Midcap (₹40Kcr), 2nd largest Indian co. in pesticides and agrochems (PI Ind is no.1 at ₹60Kcr), Fitch outlook negative, UPL board itself announced recovery in fy25 Next trigger is upcoming qrtrly results. Expect weak results. Global outlook not great. Budget was non-event. No HNI holds it, but several MFs do hold. Local market is looking for a bottom. Price Movements: From Jun21 to Aug23 (26 months), UPL stayed in a box from life-hi 864.70 to apprx 622. Then qtrly results ending Sep23 came and the management comments were not encouraging. The waterfall drop took it to 527 -> 615 -> 452 (see black arrows). The downward channel support at 452 as marked was respected and on 6Jun24 (6 wks ago) UPL broke out of 527 which also happened to be the channel top. What a coincidence, huh? From the low of 452 the stock rose to 580 (128 points or 28% rise). That makes 452 a "sure buy level." Technicals: CMP is 530 as I write this on 25July 1pm. The oscillators point to further possible downside from here. Price is hovering around 527 which is a good support level, but the odds are that it may not hold after the results. If a strong negative cue materialises (earnings, global, ???) then UPL may break 527 support. In that case it is likely to dip to 518 (20SMA) -> 500 -> 489 level (which is near the channel top). Below 489 it could retest 452 level but unlikey. LT Targets (min 2yrs till Sep26): 530 -> 580 -> 610-622 -> 660 -> 700 Smash the booster rocket if you like this effort. Use comments to let me know what you think.by lokhandiUpdated 667
Ready for mark up phaseAfter a year long downtrend ,this stock is showing some characteristics of trend changes.Long term MA also in agreement with the price,changing from Flat to slope. Making continuous higher lows.RSI also crossing above 50 .I think its ready for the mark up phase.Longby Metaverse12115
UPL Ltd. Investment pic Hello👋 My today's pic is UPL Bottoming out from downfall. Stock currently in range It's demand & supply zone. If it breaks the box successfully with strong volume & momentum then .. Rukega nahi.. It's my view, DYOA. No Recommendation for buy / sell. Thank you🙏 Longby ajnil874
Set for a big rally UPL CMP 543- traders , investors I had mentioned around the double bottom that this stock is at a high probability reversal zone. this pull back is again offering an opportunity. Look at the RSI retest, simply beautiful. Buy at CMP 543 stop 527.30 t1 570Longby singh17vivek3
UPLI Observed these Levels based on price action and Demand & Supply which is My Own Concept Called "PENDAM CONCEPTS" ... Please Don't Take any trades based on this chart/Post...because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank QLongby mistertraderofficial3314
UPL : An Investment IdeaUPL is at good support zone which is visible on the chart. please follow the line very strictly as Stop-loss. ABOUT UPL is principally engaged in the business of agrochemicals, industrial chemicals, chemical intermediates, speciality chemicals and production and sale of field crops and vegetable seeds. KEY POINTS Business Overview : UPL is a leading provider of agricultural solutions and services, with 14,000+ product registrations, a presence in ~140 countries, access to 90% of the world’s food basket. The products include Crop Protection Chemicals like Insecticides, Fungicides, Herbicides etc. also Seeds, Biosolutions. It is a 5th largest Agrochemical company globally with 43 manufacturing facilities across the globe. Market Leadership : UPL SAS is the no. 1 crop protection player in India with a market share of 13%. Through its agtech platform ‘Nurture' it is connected with ~3 million registered farmers, 85,000+ retailers and 25,000 dealers. UPL Corporation Ltd is a 6th top Global crop protection company having presence in over 130 countries. UPL Speciality Chemicals is no. 1 Specialty chemicals company in India. Revenue Segment : Crop Protection (84% in 9M FY24 vs 88% in FY22) ** - includes the manufacture and marketing of conventional agrochemical products, and other agricultural related products. Seed Business (11% in 9M FY24 vs 6% in FY22 ) - includes the manufacture and marketing of seeds. Non- Agro- 6% in 9M FY24 vs 5% in FY22)** - Manufactures and markets industrial chemical and other non agricultural related products. Geographical Revenue Share : Latin America - 41% North America - 16% Europe - 14% India - 12% Rest of the World - 17% Holding Patterns : (please check time to time) Promoter holding - 32.4 % Public holding - 16.4 % DII holding - 16.8 % FII holding - 34.4 % Company Fundamentals : (Dec Q. 2023) Market Cap - ₹ 36,982 Cr. CMP - 490 ATH - ₹ 865 Book Value - ₹ 385 Dividend Yield - 2.03 % ROCE - 14.3 % ROE - 13.4 % Debt to equity - 1.21 Pledged percentage - 0.00 % Free Cash Flow - ₹ 5462 Cr. Piotroski score - 7.00 All data is available in public domain.. Source : www.screener.in Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk . Please consult your financial adviser before taking any decision.Longby SthitaprajnaYogiUpdated 10
UPL long for 20 % 1.price breaking 18 , 50 day EMA and horizontal reistance with huge volumes 2. inside bar formation abovbe 18 day EMA 3.MACD above signal lines and zero ( except 100-50 ) target and SL marked Longby FrankzMDUpdated 6
UPL following Fibo ..LongUPL is following Fibo as per the chart. I think 593,600, 621 is on cards in July. It is getting momentum and volume.Longby rohanssalunkhe36026
Immediate action on retest The stock has given a breakout after a long range bound side ways move. Look for entry after retest ..the is a volume surge on the breakout candle Plan of action -buy above 556 Target 1:2 Publishing it at 1pm june 13.Longby Rockstar9831Updated 3
UPL LTD - BULLISH BREAKOUT - STRONG UPMOVE POSSIBLE - LONG TERMHi Folks, I have been studying this sector(agro chemical) for a while. This sector can outplay operational deleverage since sitting on capex since few years. Recently, they did a rights to lessen their debt to save interest on borrowings. UPL is also a market leader in agro chemicals sector with presence across the globe with an array of topline products. Quarterly results are improving indicating they might be going towards the capacity utilisation they built on capex. Still early days but technically risk-reward is highly favourable. Elliott Wave Analysis 1. Larger 5 wave is playing out on weekly time frame. 2. 2 of 5 seems to be getting over after decent retracement. Good time and price correction happened. 3. A strong weekly candle above 30 WEMA is visible, more follow ups needed with huge daily candles to signify 3 wave up. 4.Low of 2 can act as an invalidation point for this whole structure. 5. Volumes and delivery are very high near the recent bottom indicating smart money interested in accumulation here. Happy Trading! Cheers!! Not a trading recommendation, please do your own due diligence.Longby KunalSaxena102