UPL trade ideas
Long on UPLWait for TL to break out. Already in strong uptrend
NSE:UPL
#the_pravin #simplepriceaction #notoindicator #nakedchart #swingtrading
UPLBreakout after good consolidation keep this stock under the radar.
Buy stock today if closing above 782.
SL below 772 on a closing basis.
Targets will be resistance level T1- 843/ T2- 855.
Socks showing good movement today near supports.
Spinning bottom Trend reversal candle near support and today's green candle showing buying interest.
Volume needs to confirm the trend here. Keep watching........
At Major Support - Time to buy this dip ?At Major support.
Strong pullback from Support in last trading session.
Can go up to at least resistance trend line.
Short if breaks with strong volumes.
Double Top in UPLNSE:UPL
UPL Ltd is forming Double top
Which is a strong chart pattern
We would learn as well as trade UPL as per the price action formed
Chart Patterns are usually very accurate if applied netly
I would share such type of Ideas so that many traders can learn how to Draw, Find
or execute a chart Pattern.
Rest all details are given in the Chart please have a look at it
(NOTE - This research is only for educational purpose
We are/would not be responsible for any profit or loss of yours)
Bullish view on UPL. Wait for trendline breakoutBullish view on UPL. Wait for trendline breakout.
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UPL on Breakdown ?UPL is on the verge of breakdown hovering on its support of INR 770. If breaks 1st Target may be of ~INR 700 and 2nd Target of ~INR 633.
upl on its supportOn 18 june 2021 upl took a support from @770 after a big breaish move same pattern occurred on 9-08-2021.
After a long bearish trend upl is on 770 its a great buy for swing because, according to Elliot wave theory market moves in waves, in upl its time for wave 2 you can keep stop-loss at 760 and expect a target of 5 percent.
UPLLooking Bearish on weekly basis.
Kindly keep strict Stop loss and keep trailing stop loss.
Reason: M pattern of chart
This is for only education purpose.
UPL ShortDouble Top + Bat Pattern in UPL, Enter after price fall below the Neckline of Double Top and Target will be the D point of the Bat pattern.
UPL Ltd - 06.08.2021UPL Ltd - 06.08.2021
there is a strong support @ 773
there is a macd bullish divergence in daily chart
let the prices go above 783
stochastic is oversold in daily chart
one can execute a long position in the stock with support @ 771 for target: 805, 818, 840
watch out for the price action
UPL - Nice support from 786 and completing a Gartley PatternLooks prime for a reversal and to achieve the highlighted targets
CIPLA FOR INTRADAY GO LONG IF TOMORROW MARKET OPEN AT A GIVEN PRICE AND THEN GO LONG UPTO 918,920,923
BUY 895
SL :- 885
TARGET :- 918,920,923
Only For Educational Purpose
Before Taking any decision do concern your financial advisor
This Analysis Based on Price Action
Trendline breakout.to continue it's upwards movement after a retracement..this trendline breakout was important.
upl buymakte making double bottom and having result so you can go long and make good profit
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UPL | Trade Setup 28-07-2021NSE: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 to keep on booking your profit.
All these levels will work as entry point as well as support and resistance on particular day as the price action works neat these levels.
For Example, let't say it open gap down tomorrow 807. Then let it go down and take support from the trendline. And if it breaks the 812 then that level will be the entry point for the buy trade and next target will be 816. But if it faces the resistance from 812 and goes down then wait for it to break down the trendline.
Example 2, let's say it open gap up tomorrow in range of 814 the let it go down to take support from 812 and if it takes the support then it will be a buy trade. Target will be 816 and so on as per mentioned on chart. But if it faces resistance from 816 then it will be the sell trade below 816 and target will be 812 and till the trendline. And once it breaks the trendline then below targets will be activated.
But it is advisable to take safe trade as per mentioned level.
Buy trade above 816 and sell trade below 801. Let it get move in between 801 and 816.
Do comment if my ideas are helping you to understand trend, levels and price action.
Let me know if you have any doubt or suggestion.
UPL LTD levels for tomorrow intradayUPL LTD levels for tomorrow intraday
Bullish above - 818
Bearish Below - 806
