UPL trade ideas
2 reasons to buy || UPL1) Downtrend Breakout.
2) Double bottom or W pattern formation on reversal.
Can buy for a target of 790. CMP-748 and SL will be 728 on a closing basis. A 1:2 Risk Reward ratio. Do FOLLOW for more swing trading ideas.
NIfty & Bank Nifty (EOD) Report 01 Sep 2021NSE:NIFTY General Day End Analysis, about Nifty & Bank Nifty there Major Contributors & Dragging Stocks.
UPL Upper Flag Breakout or Breakdown ?*Always Enter With good confirmation & Maintain proper Risk Reward.
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UPL shortUPL has a double bottom breakdown. Sell with a target 660. Stop at neckline. I doubt if there will be a retest. However if there is we wait.
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
