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Short if PDL is broken, with SL at PDH
PDL - 730.3
PDH - 751.1
We can see it is getting a serious rejection from 750 levels. It is running up because it alcohol stocks always run up before elections. Election theme one can say. Let's sell with CBSL.
Setup explained in charts
Disclaimer : Its Purely My View - Not a recommendation
UPL gave very long term downtrend breakout, and also facing PRZ at 730-740 zone. It might retrace from here. Consider going long only if it trades above 740 for some time.
EW target 1065
UPL going to complete W pattern.. can be shorted near 730*35
intraday trades of mine
buy if it breaks PDH with a stoploss at PDL
sell if it breaks PDL with a stoploss at PDH
The stock has shown some good levels of BUYING and is also proving that BULLS are in great control of stock, so they are not allowing the stock to break previous days low and go for unprecedented targets.
At this level its NOT advisable to just GO LONG with out seeing the levels on technical ...
ENTER THE TRADE WITH FOLLOWING LEVELS:
Trade as per your RISK APPETITE and never forget to do positional sizing.
Earn Huge Profits, Take Small Losses
All information mentioned in charts..
Levels mentioned on chart..
WELL ITS HARD TO PREDICT THE MARKET NOW BECAUSE NIFTY IS GOING DOWN MASSIVELY EXIT IF THE STOP LOSS HIT SL:618.15 TR:635 IF YOU ARE HAPPY WITH YOUR PROFITS YOU CAN EXIT BEFORE ALSO
buy upl with 607 sl for 660
SELL CMMP 633.50
Levels mentioned in the chart!
Sell Cmp 645.50
kahan tak jayega