Positional
HAL consolidation BreakoutHAL has been testing the 1500 levels from last 7 months. It is a good long trade if it closes above 1500 today since it has never given a daily closing above it.
It is a breakout from inverted head and shoulders pattern and target can be 15-20% positionally.
Stoploss can be below 1410 DCB.
Just for educational purpose.
UPL- Take Reverse From Support ZoneUPL 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)