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POSSIBLE SHORT #
1) RSI DIVERGENCE
2)PRICE BREAK THE TREND LINE
3)CROSS BELOW 20, 50 EMA
4)UNABLE TO BREAK WEEKLY RESISTANCE
Enter Short in UPL below 689
Target - 683, 676 & 670
UPL INHS pattern forming and also broken out from strong resistance TL...above 720, positional target 755,775 sl 698
Sell below 710 with the stop loss of 716. Targets are 704, 698 and 692.
Currently, in the correction phase on the weekly chart, wave A and B completed, soon start for correction wave C.
Redline will be the stop-loss.
UPL - Positive close above 740 will make it reach till 764 as 1st target.
Current Date :- 14-Sep'18
Support: 726, 704
upward move can be expected above the levels of 723 buy only above 723 with stop of 695
short as per tradebox
Targets are 680/640/615--
Just for educational purpose
Will down tomorrow
only for education
UPL Short Pullback keep watch pullback or gap up...
keep wait Short Pullback then enter the trade
SL use for 2% Rule
UPL is a BUY on NSE at 707 with SL of 692 and Target of 740