UPL trade ideas
Long UplApproaching trendline on a low volume , can approach previous high volume area but after a couple days of accumulation around 560 level
UPL: corrective sequenceAfter an ending diagonal with clear five wave structure the stock prices has fallen swiftly down to the level of 582. This can be termed as wave a for a larger flat correction. Sell near the level of 640 for downside target of 600/540
UPL Triangle Breakout and Retest Done!Today UPL has given a Triangle Breakout and Retested the trendline on 15m Chart, tomorrow would be an interesting day for the script.
UPL | INTRADAY TRADE IDEA | 26/4/21UPL is at a crucial level can give move in either side .Wait for the breakout of trend line and candle closing at 15m time frame.
------HAPPY TRADING
UPL LIMITED - 26 APR 2021 - INTRADAY PLANUPL LIMITED - 26 APR 2021 - INTRADAY PLAN
UPL Limited currently looks bullish on 15 mins chart with good volumes on buy-in last one hour.
Intraday targets shared on the chart.
upl intra short tradelooks good for short below 580 SL and target mentioned by red lines
idea is for educational purpose
trade with risk management
UPL on Daily Charts: Head & Sholder (Bearish)For education purpose only...
Perfect Head & Shoulder Pattern (Bearish Pattern
MACD line crossing below "0" line.
UPL short below 592upl looks good to short below 592, if sustains below 592 can go till 530 next support
Buy Buy at cmp with sl below 579 on daily closing basis for target of 750+.
Positive hidden divergence is clearly visible . Range is contracting along with volume contraction. RS is still positive.
Disc : it's not an investment advice to buy or sell
▼ ▼ ▼ ⚡ UPL ⚡ ▼ ▼ ▼Previously on UPL we noticed static Downtrend from the level of 673 and that Downtrend continued for a bit long.
Currently we are expecting the same Downtrend will continue for next 2-3 days as par our Technical and Statistical Analysis.
Enter into the market after the clear trend defined into 5 Min Time frame and wait until formation of 2 Continues Red Candles in the downside.
Entry,Target and Stop Loss :
Entry : Anywhere below 611
Targets : 589, 587, 586.5
Stop Loss : 627.65
This Targets are based on my Risk Appetite . Put Stop Loss and Take Profit targets according to your own Risk Appetite if possible.
Happy Trading. :-)
Note :
Trading foreign exchange and stocks on margin carry a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange or stocks you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss in excess of your initial investment. You should be aware of all risks associated with stock and foreign exchange trading and seek advice from an independent financial divisor if you have any doubts. I am not a licensed financial advisor and this content is not financial advice.
UPLUPL Trading in Pithfork, Use it for future support and resistance.
Currently at resistance, Breakdown from Pithfork the stock may become weak.
UPL 1D analysisUPL has been following a channel nd is clearly in an uptrend
It's very much possible that it will follow the trend and test the resistance i.e. 670-80 levels
ther's a gap at 627-30 it should be the 1st target as it'll try and fill the gap
can be used for swing
I'm not a SEBI certified analyst, This analysis is solely for educational purposes.
