UPL trade ideas
UPL wave analysisUPL stock is in b-failure flat correction since from june 2021,last c wave of flat is going on waves 1&2 are over 3,4,5 aare still pending in downside.this correction is expected to end in the range 650-700.DISCLAIMER:this is my view,if price patterns change i will also change my view
UPL a good stock in the wake of Union Budget 2022The stock looks good as it has shown strength after consolidation. The sector in particular can be a beneficiary in the upcoming budget. This is my personal opinion for the educational purpose, please check with certified expert before making any investment decision.
UPL Long term1/ UPL will break from the Support i upward trend
2. COnfluence of VOulmetric profile , Over distrubution phase
3 3 year CAGR growth
Revenue 29.8%
NetProfit 12.4%
OperatingProfit 33.6%
4 Outperformer - UPL up by 7.5% v/s NIFTY 50 up by 0.35% in last 1 month
5.12.51% away from 52 week high and 69.97% away from 52 week low
6. Support at 680 , Market leader , Target 760