UPL about to break out of ascending triangle pattern on an hourly chart with negative OI suggesting short covering. Good Risk:Reward Could be bought with mentioned stoploss & targets.
UPL is best share in chemical sector for fresh buy or bottom fishing what technical parameter speak 1 Flag pattern visible on weekly chart pattern 2 Inside that flag double channel also visible 3 following proper fab. point 4 Fer people called rounding bottom reversal 5 some people called hook pattern strong support on 500 and and that...
Bullish Divergence in Daily TF Volumes seen in Friday Candle Double Bottom Formation also possible Idea Invalid Below 464
long term Trendline Broken in Daily TF with volumes Dip can be a buying opportunity Consolidation in the Range and then upside will give good momentum. Should be in radar for short term Idea Invalid below 464
finally UPL reached its support levels... this is the time to look for reversal area. This time this finds the support from this level or it will continue to move downside. wait for the price to create a right shoulder to go long from this stock... please add this stock in your watchlist for bullish, will go long once it is ready to break. Now it is at...
I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements. ------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further. ---->Resistance levels, on the other hand, are points where selling pressure...
UPL this stock is trending downwards from last few months. now price is near its support, where previously a strong move to the upside is happens. will look for buy this stock...keep observe this level. if price falls continue it will reach the bottom supports at 580 and 546 levels. keep track this for buyside.
NSE:UPL has been sustained above weekly swing low of 686. As per my analysis, it is best time to take buy entry at level of 690 with strict stop loss of 656 (-46 Points Daily Candle Close). My expected upside target would be 702 (+12), 735 (+45) ^ 805 (115). It may take 3-4 week to get upside targets. Note: This is my personal analysis, only to learn stock...
---->>clearly trending downwards from 760 level. ------>> Now price is key level of support(680-675) ,previous demand acts as a support and price moved to upwards again. -------->> now price is again at the same level, now we have to see it will continue in the same direction of downtrend or it will change its direction from bearish to bullish. keep look at this...
UPL looks good on the daily and weekly chart and stock was also seen bouncing from the short-term support @ 755-760 Sustaining these support levels, stock can move up to 780 initially then towards 80 levels in the coming week. Though Index looks weak, try to take a trade as close to the support area for a better risk reward. Disclaimer: Trade at your own risk.
Stay Long Above - 782.95, T1 - 803.35, T2 - 824.35, T3 - 864.80, T4 - 906.85...... SL 751 Short Below - 745, T1 - 722, T2 - 702.20, T3 - 682.90, T4 660..... SL 782
The stock has created a good base at the level range of 622 levels. As you can see the stock has taken support around this area and moved upwards. It reached a high of 844 levels before crumbling to huge selling pressures. The stock is trying to make its way back to the top. I have presented my views on the chart with levels that can help you take your...
Entered UPL based entirely on technicals. Targeting a break of previous 52wk high of 864. We trail at 1:1.5 RR for fresh highs. SL 789.
Can expect a BIG move if break and close above 770 level on weekly time frame
Buy UPL Target 🎯 854 because it's recently given major breakout
Chart is self explanatory. Don't invest and trade blindly.