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...
---->>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...
The profitability is in the decline phase and technically pointing towards the head and shoulder with the support of volume and with interest increasing we can see some profit booking at current levels on the stock.
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
UPL seems to have formed double top pattern and now it has come to retracement level of neckline after breakout and then giving clear rejection for the upside move. Also, we are seeing a clear reversal in the uptrend in the daily timeframe. so possibly can test previous swing high of 650
Buy above 600 after trendline breakout Sell below 591 after support breakdown Learning and educational purposes only
#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...
upl will give good upside move till 500+++ in next week 8th june to 12th june 2020 NSE:UPL
SHORT UPL WEAK BELOW 334-333 TARGET NEAR 305,300, SL 358 (Adjust Future premium/discount accordingly)