UPL was resisting a downsloping trendline for the past 3 months. Though the breakout is not as convincing as it should be, I would like to wait for it to sustain 725 levels in the short term to move towards 770 and 800 levels in the coming trading session.
UPL Is technically looking solid and every dip should be a buying opportunity. Per Elliott Wave analysis Wave 3 formation in progress and we know that for any trend wave 3 is usually the strongest part of the trend. Wave 2 exactly retraced up to 0.618 FIB of Wave 1. We can also see subwaves within major Wave 3 but I will let the structure develop itself before...
UPL - Looks amazing on all timeframes
Buy above 600 after trendline breakout Sell below 591 after support breakdown Learning and educational purposes only
#USDJPY 104.014 is testing that "must hold". Here's why it's so significant
As per the Technical Analysis Chart Pattern, UPL Share weekly view. The potential upside with the view of 522. We can follow the strict Stop Loss of 491. It will only Buy After the breakout of the upper trend line which is acting as a resistance of level of 504. Traders, If you liked this idea, hit the like button and write in the comment section. This is only...
BUY 501-503 SL 495 TGT 516 Reason : ichomoku cloud break out + TK cross over + MACD cross over +above VWAP
#UPL Q1FY21 Profit Nearly Doubles On Low Base, Improved India Business. Net profit rose 93% year-on-year to Rs 551 crore in the April-June period. UPL’s Revenue declined 1% over the year ago to Rs 7,833 crore. Showing Bullish result in Technical Parameter: CCI Overbought zone RSI is treading UP MFI is treading UP Stoch is treading UP DI+ is trending UP from...
Triangle breakout with good volumes. Looking good for a target of 500-510
NSE:UPL may bounce from lower trendline support. Track this.
UPL Multi Time Frame Analysis . ( 1 Day & 75 Min ) Trade Type :- PULLBACK On Daily Price Making HH And HL's ( With A Higher Volumes ) Going Up Volumes Are Greater Then Avg . It Made A High Of 449.70 ( With Low Volume Bar & Bearish Candle ) After Making High It Retraced Till Fib 0.5 Levels And Taking Support On that levels . Price Taking Support On 34...