UPL trade ideas
UPL looking good at 577Good demand zone which is activated after engulfing supply zone. It is one of the powerful zone. Can expect good rally
UPL : Breakout & Rouding BottomUPL (Large Cap - Nifty 50) stock which was facing a bit of turbulence in between has given a bullish breakout & made a rounding bottom pattern.
Since all large-cap stocks are near to their all-time high. This stock has to go miles to achieve the same.
Targets are very high with a good Risk to reward ratio. Levels are mentioned on the chart.
DISC: Please consult your financial advisor before making any trade. This is not a buy or sale recommendation.
📊 UPL 🎯NSE:UPL
whoever holding for very long term can hold till this level with trailing stop loss.
recently given idea for target only not for reversal if one can find reversal there can short for intra or swing is trade setup allow.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
best opportunity is comingUpl already broke the major resistance zone and needs to retest (pullback) the support zone .
if it takes pullback and break 600 ( psychological level )then upper rally yet to see.
educational purpose only.
UPL showing a breakout from symmetrical triangle patternUPL is showing a good breakout from symmetrical triangle pattern after consolidating for more than 3 months. Even the volume was good on the breakout day i.e. 8th Jan. It could reach 600 levels from the current market price. There is a small resistance near 520-525 level and further it might face resistance near 600 level. Let's see how this pan out.
Disclaimer: - These views are for educational purpose only and not a recommendation.
📊 UPL short only if you find reversal 🎯NSE:UPL
whoever holding since u published from very lower level they just need to trail their stop loss for long term and if find reversal one can execute fresh intraday short.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
SYMMETRIC TRIANGLE, SWING TRADE, UPLThe stock is formed a symmetric triangle and if resistance is broken a further up movement can be seen i guess.
RISK: THERE HAS BEEN LOT OF NEGATIVE NEWS REGARDING THE STOCK AS U CAN SEE A LARGE RED CANDLE WHICH FORMED RECENTLY. SO< THE TRADE IS HIGHLY RISKY AND BETTER TO KEEP A VERY VERY STRICT SL.
NB: This is not a stock recommendation, just sharing my view only.
UPL limitedNear the breakout point, if any good news from from financial side (quarterly result or any deal) .
Only educational point of view.
positional swing tradecmp >> 530
T1 >> 540
T2 >> 595
T3 >> 676
SL >> 462
disclaimer - for study purpose only.
#UPL Weekly BO above 535 zone#UPL Weekly BO above 535 zone.
One can look to enter on re-test of BO zone.
All details on chart.
UPL - Trend reversalOne of the very few stocks which in a difficult market got follow thru today. The stock was up with increased volumes as well.
UPL had broken its downward sloping trendingline on friday and in a difficult market like today got follow thru buying on even higher volumes.
Watch for a further move going forward. Long above 570 with a SL around 545.
UPL Long....Above 568 or todays high
very good volumes from past few days
target 614-685
support 405-385
absorbed huge volumes on dec month
very good base
my position from 500
@Tradethetip already given idea
UPL- Update and New ChartUpdate & New chart-
#UPL one of my Favorite stocks moving nonstop from last and we notice this stock before this movement and this was part of my 121st chart-book.
UPL moved almost 10% from last week and now again same stock at fresh breakout.
UPL 1D chartjust broken the recent high, next day may see a red candle as a small retracement, but expected to make an uptrend
