UPL Positional ideaStan Weinstein framework
a)2 yrs consolidation,
b)increasing 40 WEMA
c) strong sector,
d) increased QPAT
Entry: Only BO with High volume will trigger
Exit: trailing with 40 EMA or swing high
whichever will be higher
UPLPP1.E1 trade ideas
UPL Hourly looking goodUPL on the Hourly time frame is setting up nicely.
Expecting breakout above 660 level or we get to see breakdown below 650 level
Alert in place to trade whatever we get
On the long side when triggered, expecting to see 670/680/700
If short triggers then expecting 640/635
UPL 1W UPL is looking Very Good and Forming The Pattern , it is repeating the same pattern from the History ,
U can Take up the Trade when the Upper Trendline of UPL is broken , Nifty is also looking Bullish from Today . Take UPL trade when it is Broken and Be Caution at Upper Trendline . Enter after Good Confirmation Candle only
Take the Trade with Minimum Risk and Maximum Reward . This is not a call , Make your Analysis first and risk according to your Capacity .
uplUPL numbers beat our estimates across the board. Revenue beat (+2.8%) due to strong volume and price growth, EBITDA beat due to lower-than-expected employee expenses, and Adj. PAT beat was due to reduced interest cost and one-time tax benefit. We increase our FY26E and FY27E estimates by 1.5% and 7.2% to INR 49.9 and INR 61.3, respectively showing our confidence that strong volume growth coupled with stable pricing trends, and reduction in interest cost from rights issue and Advanta stake sale. With normalized inventory levels across major markets the company is well-positioned to sustain the growth momentum.
Review and plan for 10th February 2025Nifty future and banknifty future analysis and intraday plan.
Few stocks too.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
UPL - Broadening bottom📈 UPL - Bullish Setup! 🚀
🔹 Current Price: ₹548
🔹 Target: ₹710
🔹 Expected Time: Oct 2025
The stock shows a strong broadening bottom pattern, suggesting potential upside. A steady move towards the target is expected with time. Hold on for the ride! 💹 #StockMarket #UPL #Target710
UPL Long Term TargetUPL Long Term Target : available at 1:4 Riska Reward Ratio for Long term investors.
At very cruicial monthly support line
UPL : What price action telling us?UPL Ltd –
Analysis:
Wave Structure & Retracement Zone: The price action shows a breakdown of the previous trendline support, followed by a failed Change of Character (ChoCH), indicating potential reversal dynamics. The stock bounced back strongly from the deep retracement zone (127% Fibonacci extension) near 471.55 INR, which also aligns with a key demand zone.
Buying Range: The stock is trading within the highlighted buying range of 550-540 INR, which represents a potential accumulation zone.
Target Zone: The first target zone is marked at 640-657 INR, which aligns with historical resistance levels.
Stop Loss: A strict stop loss is set at 517.80 INR, below the demand zone and deep retracement level, as indicated on the chart.
Trading Plan:
Action: Place buy orders within the 550-540 INR range. Accumulate positions cautiously within this buying zone.
Stop Loss: Place a daily closing-based stop loss at 517.80 INR.
Targets:
First Target: 640 INR.
Final Target: 657 INR.
Reasoning:
The bounce from the deep retracement zone signals strong demand and potential institutional buying.
Failure of the earlier bearish ChoCH suggests that the stock is likely transitioning into an upward trend.
The target range aligns with previous key resistance levels, offering a favorable risk-reward ratio.
UPL Ltd. (NSE: UPL) AnalysisOverview: UPL Ltd. is currently trading at ₹545.50, showing signs of consolidation near its short-term moving averages. The price is poised at a critical level with a potential for either a breakout or a breakdown, depending on market dynamics and volume activity.
Technical Insights:
1.Support and Resistance Levels:
Immediate Support: ₹528 (marked by recent lows and a strong demand zone).
Key Resistance: ₹549.50 (current level) and ₹584.05 (previous swing high and significant supply zone).
2.Volume Profile:
The visible range volume profile indicates a concentration of volume between ₹540-₹550, suggesting this zone as a pivot for future price action.
A breakout above ₹549.50 could attract higher volumes, pushing the stock towards ₹584.
3.Moving Averages:
The stock is near its 20-day and 50-day EMAs, indicating a neutral short-term trend.
A clear break above the 200-day EMA would signal a shift in momentum towards the bulls.
4.RSI (Relative Strength Index):
RSI is hovering around 50, indicating a lack of strong momentum. A breakout above resistance could drive RSI towards overbought territory, confirming bullishness.
Scenarios:
Bullish Case: A breakout above ₹549.50 with high volumes could see the stock targeting ₹584.05 in the short term. Sustained momentum may lead to further upside towards ₹600.
Bearish Case: Failure to sustain above ₹549.50 might result in a pullback to ₹528. A breakdown below ₹528 could open doors for lower levels, around ₹510.
Trading Plan:
Entry:
Bullish: Above ₹550 for targets of ₹584 and ₹600.
Bearish: Below ₹528 for targets of ₹510.
Stop-Loss:
Bullish: ₹535.
Bearish: ₹540.
Final Thoughts: UPL Ltd. is at a crucial level with a well-defined risk-reward setup. Traders should wait for confirmation of direction with strong volume support before taking positions. Monitor global agrochemical sector trends and news for potential catalysts.
UPL LTD S/R Support and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
20 EMA (Exponential Moving Average):
Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum.
Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory.
Combining RSI with Support and Resistance:
Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal.
Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset.
upl buy for swing /positional trade
upl buy near 547
avg near at 535
sl520 5 % sl sl strictly follow
tgt 5%10%15%
hold 3-6weeks
UPL - Short learning, TIliting line and TFUPL - Short learning, TIliting line and TF
1) Timeframe lapse
2) Retest done on 1 hr time frame
3) Lets see if it could hit 533
UPL Ltd view for Intraday 4th October #UPL UPL Ltd view for Intraday 4th October #UPL
Buying may witness above 611
Support area 605. Below ignoring buying momentum for intraday
Selling may witness below 599
Resistance area 605
Above ignoring selling momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
UPL_22.09.2024New updated chart on hourly basis, possible 570 prior to reversal.
Study purpose only.
UPL Bearish Sell sideThe stock formed bearish flag in 30 mins chart. not only this stock Adaniport and ACC also formed like this. the stock expected to go on sell side further again.
Inverse head and shoulders pattern formation in UPL Study
It looks like UPL's downfall is completed!
Date: 11 Sep 2024
Pattern: Inverse head and shoulders
Current market price 619
Pattern target 679
Disclaimer: This is my personal view, sharing it only for educational purposes. Consider it as a Paper trade. consult your financial analyst before taking any trade
Tradeplan 20UPL is a leading provider of agricultural solutions and services, with 14,000+ product registrations, a presence in ~140 countries, access to 90% of the world’s food basket. The products include Crop Protection Chemicals like Insecticides, Fungicides, Herbicides etc. also Seeds, Bio solutions. It is a 5th largest Agrochemical company globally with 43 manufacturing facilities across the globe. [
UPL - Finally out of the woods?The stock had been in a downtrend for more than 15 months, losing almost 45% in value. In the last three months it was seeing some recovery and finally now it seems to be out of the woods. We can see the stock is making a higher high and higher low on the weekly and we can see a change of character in the weekly as well. Now finally the stock is decisively going above the 200 DMA and also the short-term moving averages. The relative strength and the money flow is also positive. Even the buying pressure and the absolute strength are also positive. It is showing a positive momentum as well. We can now confirm that the stock is finally ready to move up further and eventually the stock should be testing 800 levels.
Reverse Head &Shoulder Pattern in UPL & breakout from 200DMAUPL formed Reverse H&S Pattern & given breakout from 560 level .It's a reversal pattern. Target will be arround 700 level & stoploss will be near about 570.UPL also cross its 200 DMA after almost 1.5y
