UPL , 1W , Weekly Bullish As the UPL pattern is looking very Good and Giving Breakout and Enter only after the Close of Weekly time frame .
follow your risk Management , proper Position Sizing
Upllong
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
U P L UPL about to break out of ascending triangle pattern on an hourly chart with negative OI suggesting short covering.
Good Risk:Reward
Could be bought with mentioned stoploss & targets.
UPL chart is ultra dynamic for good return UPL is best share in chemical sector for fresh buy or bottom fishing
what technical parameter speak
1 Flag pattern visible on weekly chart pattern
2 Inside that flag double channel also visible
3 following proper fab. point
4 Fer people called rounding bottom reversal
5 some people called hook pattern
strong support on 500 and and that will jump again in his range of 600 to 850
support 500
Resistance 600
flag and life time high completed on 850 after that actual bomb blast on that share
BUY upl above 540
TRG 1 - 620
TRG 2 - 720
TRG 3 - 820/860 above 860 trg is open for 1000/1200/1400 "
SL - 420
that trg if adjustable for long term and short term investors
before making any position consult with your financial advisory
that all data and details only for the observation and study purpose
BULLISH DIVERGENCE IN UPLBullish Divergence in Daily TF
Volumes seen in Friday Candle
Double Bottom Formation also possible
Idea Invalid Below 464
TREND CHANGE IN UPLlong term Trendline Broken in Daily TF with volumes
Dip can be a buying opportunity
Consolidation in the Range and then upside will give good momentum.
Should be in radar for short term
Idea Invalid below 464
UPL--@Support 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 support, take care before going to short.
UPL--BearishGap @660I 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 typically prevents the asset from rising higher.
If price breaks the resistance, we have a chance of filling the bearish gap, soo keep in buyside until it touches the zone of resistance and bearish gap.
Take a look at these levels and trade accordingly. Recognizing and respecting these support and resistance levels can help traders make informed decisions and manage risk effectively. They serve as key reference points for technical analysis and are vital tools in successful trading strategies.
Trade safe...Thank you guys for your support
UPLBuying zone come should always stay with investment.
just buy @ the zone it will be best thing u do and wait for good high.
UPL--Near Support ??UPL this stock is trending downwards from last few months.
now price is near its support, where previously a strong move to the upside is happens.
will look for buy this stock...keep observe this level.
if price falls continue it will reach the bottom supports at 580 and 546 levels.
keep track this for buyside.
UPL LTD High Reward IdeaNSE:UPL has been sustained above weekly swing low of 686. As per my analysis, it is best time to take buy entry at level of 690 with strict stop loss of 656 (-46 Points Daily Candle Close).
My expected upside target would be 702 (+12), 735 (+45) ^ 805 (115). It may take 3-4 week to get upside targets.
Note: This is my personal analysis, only to learn stock market behavior. Thanks.
UPL--At Key level of Support??---->>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 level.
-------->> we have clear demand zone placed at 640 range level, if price breaks this key level it will test the demand zone.
if price moves upwards we have previous demand @710-715 if acts as resistance price falls back up to 640 range.
keep track this levels.
UPL - Support TradeUPL looks good on the daily and weekly chart and stock was also seen bouncing from the short-term support @ 755-760
Sustaining these support levels, stock can move up to 780 initially then towards 80 levels in the coming week.
Though Index looks weak, try to take a trade as close to the support area for a better risk reward.
Disclaimer: Trade at your own risk.
UPL Short Term (AUGUST 2022 ONLY)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 - long viewThe stock has created a good base at the level range of 622 levels.
As you can see the stock has taken support around this area and moved upwards.
It reached a high of 844 levels before crumbling to huge selling pressures.
The stock is trying to make its way back to the top.
I have presented my views on the chart with levels that can help you take your trades.
Thanks & Regards,
If you feel you can make use of my views and put them to good use, request you to kindly revert with feedback/suggestion/improvement
UPL Weekly BreakoutEntered UPL based entirely on technicals. Targeting a break of previous 52wk high of 864. We trail at 1:1.5 RR for fresh highs. SL 789.
Can expect a BIG move if break and close Can expect a BIG move if break and close above 770 level on weekly time frame
UPL - Trendline BreakoutUPL 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.
