UPL : A ZIGZAG Correction Trading plan:
Sell on rise near the level of 468-470 keeping the stop loss above 495 for the target of 415/380/350
UPLPP.E1 trade ideas
Buy UPLTrade Setup: Stock has made a base and now showing signs of upward movement with volume on daily charts
Buy Zone: 431
SL: 397 on closing basis
Target: As mentioned in Chart
Imp:
1. Trading requires more than technical analysis . e.g. Risk Management, trade management, psychology etc.
2. Always follow stop loss.
3. Once a trade is in your direction (say) 2-3%, never let it go in a loss.
4. Simply follow rules. Nothing else..
Disclaimer: This is for demonstration and educational purpose only.
Contra Call on UPLThe stock took a beating in the previous trading session. But I honestly think that's a passing wave. The company is greatly positioned fundamentally. Buy at these lower levels for long term investors.
Like and follow please.
NSE:UPL
UPL EQUITY ( for Options) levels...11/12/2020 (Weekly Candle)UPL EQUITY ( for Options) levels...11/12/2020 (Weekly Candle)
BUY UPL for 450-460 SL 398UPL has fallen due to the news regrading shell company involvements... Buy CEO has Clarified the same that they hav not received the complaint on such
UPL is good with fundamentals and 420 is good support can buy here with SL of 398 for again 450-460
#UPLLooks like a great opportunity with very high rewards to risk ratio. I have entered today at 424 with a strict stop loss below 390.
Rounded bottom breakout.NSE:UPL has formed rounded bottom pattern and also crossed above 200EMA(1D). Maximum short covering is also seen at 480 call option.
UPL - Swing Idea with gap filling#upl cmp 472 Looks good for swing idea as 500 or 520. If it sustains above 520 it can play out for 600 as next target. Sl should be 464.
UPL - Gap Filling PossibilityUPL:
Resistance Breakout & Gap filling possibility
Above 480 looks good for 490, 500
Immediate Support 465
UPL - Bullish Breakout with volumeNote: This is for educational purpose only.
There seems to be a bullish breakout with volume. RSI above 65 indicates bullish momentum.
UPLUPL limited ran from 250 to 550 and corrected 50% to 400.
Stock has started moving higher again with volume and showing breakout confirming correction in stock has ended.
Support for Stock is at 440/400 and stock can move high up to 700.
PS: Please consult financial advisor before investing, chart and view is for learning purpose.
UPL 1DTHE STOCK LOOKS BULLISH ON CHARTS
HAS CLOSED AND SUSTAINING ABOVE 200DMA POSITIVELY
AFTER A LITTLE DOWNTREND THE STOCK HAS NOW ENTERED IN BULLISH TERRITORY.
TARGETS:- 465.50,478 AND 490
SL:- 441 ON CLOSING BASIS
