UPL trade ideas
Upl is at support level Target for upside is 600-700Upl is at support level
Target for upside is 600-700
UPL Weekly Technical Analysis 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 for educational purposes.
UPL set upLooks like 68 % retracement bounce has happended. If it sustains, it should reach 576 in the following weeks...
For intraday, use the levels in green as they are important support and resistance levels
23) LOOKING BULLISH @BUY AT - 500 , SL - 478Long term survival is a more important thing to consider in trading than short term profitability
UPL Bullish Long Buy for 6 to 7 % returnUPL has been showing good strength
Can be bought at current levels with stop loss of 480 on closing basis
UPL - broke out. Ascending TriangleWait for 500. to cross. with volume.
last 3 days volume decreasing.
Resisting around 495 levels.
Soon will break out.
Note :
Broke out yesterday.
UPL Looking good for upmove.#UPL is looking good.
Above 21,50 and 200 EMA.
Broke Horizontal Resistance Line.
Broke Trend Line.
R-0181 BUY UPLBUY 501-503
SL 495
TGT 516
Reason : ichomoku cloud break out + TK cross over + MACD cross over +above VWAP
UPL Monthly/Weekly/Daily supply zone 505-606UPL Monthly/Weekly/Daily supply zone 505-606
cmp:445 19Aug2020 Price is just approaching towards the supply zone stradly in a steady uptrend
Pro:
1. good Location(Monthly) structure with 2 exciting candles
2.Levels over levels in weekly chart inside same weekly zone
con:
1. Execution daily only 1 exciting candle and there is no basing.(so confidence is low)
2.few( but not not so many) trading activity on the left in daily candles
3. Stock is in steady uptrend, so it might not drop again more
4.zone is big
UPLNSE:UPL
ITS WARMING UP IN BIG WAY, AS IT LOOKS ON CHARTS....
KEEP THIS ON RADAR, ONCE IT BREAK THE TRENDLINE, IT LOOKS TO MOVE BIG.
AFTER 498, 530 LOOKS ON UPSIDE AND ONCE CROSSES AND SUSTAINS ABOVE IT MIGHT TRAVEL TO 590-595
******************************************************************************************************************************************************************
Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
***********************************************************************************************************************************************
