UPL- CMP 486
this counter has taken nearly three years to correct from the highs of 800 . In my view there are early signals of reversal in this counter now. All I want is a weekly close at the current levels or higher. I think in the large cap space this is yet another counter u can look for buying.
upl is now taking break and ready to comedown around 466 to 476, so slowly steadily add quantity there and keep strict stoploss around 445 , on closing basis, then definitely our all targets will reach within next 6 to 8 months,
UPL is forming a double bottom pattern. If it breaks the resistance and confirm the breakout with volume spike, it may go higher. UPL is in a downtrend so limit your position size.
Disclaimer: All information provided here is for educational purposes and not a recommendation, advice, research report, or stock tip of any nature. Analysis Posted here is just our...
UPL , is a stock that has been on a downward trend for quite some time. It has been consolidating for the past few days and is also forming a triangular pattern.
Entry is recommended strictly upon closing above 478 , However, it might find support between 454-457 . If that happens, a slightly early entry with a risky stop-loss could be considered, but this...
I have analyzed the UPL on daily and weekly timeframe and found that it will hit target(Apple-525). I have analyzed the candle sticks, trend & Gann methods. This is for completely study purpose. I am passionate about chart analysis.
UPL is at good support zone which is visible on the chart. please follow the line very strictly as Stop-loss.
ABOUT
UPL is principally engaged in the business of agrochemicals, industrial chemicals, chemical intermediates, speciality chemicals and production and sale of field crops and vegetable seeds.
KEY POINTS
Business Overview :
UPL is a leading...
No comments needed for United Phosphorous Limited.
Connect the dots. Meet the numbers/lines.
Get the support and harvest at resistance.
Journey towards the peak started already. Its time.
MCAP>35000 Cr., PE < Industry PE, Sales growth>15% for last 10 yrs, FII ++ last quarter.
Agriculture sector is in crisis. Boom is over. Bloom started. Cool breeze will be...
UPL has given double bottom breakout from 501 resistance levels.
It has witnessed good buying momentum after long price and time wise correction.
This can be a turnaround for the stock and looks good for long with limited downside.
Target: 600, 700, 850+ in next few weeks.
SL: Daily candle close below 500.
Happy learning with trading. I just shared my view. If correct give me one like. If not correct me.
Points to Note:
1) bounce from support area an possible to reach target 1 and 2 in short term.
2) good support area to buy. CMP 470. Safe traders buy at 445 - 450 for long OR add half quantity here and half quantity at 450 if comes down.
Disclaimer:
I am not a...
UPL is forming Higher Highs formation, Now stuck near 500 mark
If breaks the trendline & holds below support level it may show correction
However if sustains above Resistance level, Upside Recovery may also come
Keep Tracking Charts
*For Educational purposes
Learn and Practice Price Action Setups
Price showing sharp reversal from 450 level
price about to cross 18day EMA
12-26 MACD showing positive divergence
target adn SL marked
Risky tarde though
Stock has made a triple bottom and now should go upwards. But, be patient because it will be the beginning of a new month and week also beware of time candle 4-1-24 12:57 PM for the whole Indian Market.
Please read the notes as mentioned on the chart.
Disclaimer: It is only for educational purposes only. I am not a registered analyst with SEBI. Please consult...
