UPL (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.
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.
Note
Please change the SL to 575 now as the trade is near to target 1 - 600.Trade closed: target reached
Target 1 of 600 is reached. Closing this trade now.Best re-entry would be around 550 levels again.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.