UPL was moving with the trendline and now it was consolidated nearby the trendline and now it's given a breakout in an upward direction as you can see now. This breakout can give very good risk-reward on a positional basis, traders can also find opportunities on daily basis based on their setup.
Entry Level:- Above @740 (Wait for Retest around 740)
Stop Loss:- Below @708
Target:- Book target based on your entry (For intraday Might be different)
Entry Level:- Above @740 (Wait for Retest around 740)
Stop Loss:- Below @708
Target:- Book target based on your entry (For intraday Might be different)
Trade active
It was given nice entry on last trading day
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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.
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.