Swing Trade in UPL For Next 1 Week Double Bottom Pattern In Upl 1H TIME FRAME,
Buy above:- 675, Sl:-660, Target:-700,And 725.
BYS trade ideas
UPL - Multi time frame AnalysisPlan A : Price is still below the trend line resistance and sustaining 688 - 692 will make the price to move towards 696,702.
Plan B : Near by resistance 700 - 704. Price should sustain this zone to move to 710, 716 and 722.
Plan C : If price shows bearish strength below 686 - 690, then price will move to 682,677, 672 and 666.
Note : Understand the trend strength before taking any trade. If you are bullish look for bullish strengh and if you are bearish look for bearish strength. Dont change your view with each candle.
UPL SHORThello friends as you can see that now trend is now bearish site if market breakout support then market will go down so please like and comment share with your friends thank you.
UPL - Short Trade - Negative CrossoverNegative crossover observed at UPL chart on both daily & weekly timeframe.
Weak market sentiment can drag it till 620 if it sustains below 680 levels.
Short Trade can be initiated below 700 with SL above 720.
2 Good trades and Index Ideas for 19 September markets I daily make educational content videos on financial markets
UPL swing OpportunityLooking for swing trade. Stock is in range since 14 June 2021. Possible reversal from support levels 700 or 634. Waiting for strong price rejection (a close above support level.) If yes then go long on the next candle open. Target will be near Rs 765.
UPL - ascending triangle patternUPL had formed a ascending triangle pattern. Which denotes a trend reversal.
UplAfter breakout chance to move towards 840
Frm June it has good move and now it made a pattern
Buying price at 745
Falling wedge pattern UPL.Discription:
Stock Name: UPL
Chart Pattern: Falling wedge pattern
Time Frame: 1 Hour
Breakout entry : above 750+
Target : 810+
Stoploss 732-
UPL - 8% potential moveUPL has formed triangle pattern and is ready to give breakout / breakdown.
It would be buy above 763.
It would be sell below 740.
UPL LTD. Buying opportunityThere is a buying opportunity in UPL Ltd. Stock is at Rs. 700 which was the resistance of may 2019 now it's become support. I can see the long side of this stock. Good if you enter after one pullback.
UPL weekly Chart Support and ResistanceUPL is multinational level company with high growth in consolidation zone.
UPL respects its uptrend !UPL Has formed a beautiful double bottom pattern with its first support off the 200 EMA and second off the long term trendline.
UPL has given a double confluence
1. Rejection candle and respect of the long
term trendline
2. Golden Cross( Crossing of 50EMA and 200EMA)
A long position can be taken on break
of the resistance zone
Risk To Reward of 1:2 or a more riskier approach would be if trendline is broken.
Keep It Simple
Focus on UPLUPL was traded in a ascending channel and broke out of channel support and printed doji & bearish candle last week..
It seems to be like formation of right shoulder in H&S pattern (shown in chart)
Carried over 65% delivery on Fridays session.
1. Go short , If opens gap down and breaks the neckline of H&S pattern for a target of 720-710 zones
2. On a contrary, by any chance if it opens & traded above (only above) friday high, then go long..
Focus on UPLAs you can notice, last few trading sessions, chemical stocks are performing well compared to other sectors, especially Tatachem & UPL
UPL
Go Long above 790 and targets will be the previous high resistance zone.
If breaks and sustains above the resistance zones, then can have a decent targets in UPL
Expecting Breakout ✌✌✌This scrip is expected to give breakout in the coming days. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
CUP WITH HANDLECup is completed know its moving towards to complete the pattern pre breakout can take entry
uplupl looks good and make double botttum pattern and support on 100 SMA only for educational purpose only
#Upl cash : Resistance at 735/755 zone#Upl cash
24.07.2022
Resistance 1 735
Resistance 2 760
Cmp 725
