UPL_22.09.2024New updated chart on hourly basis, possible 570 prior to reversal.
Study purpose only.
UPL
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.
UPL LTD GIVES BRAKE OUT IN DAILY CHART FROM CUP AND HANDLE PATTENSE:UPL
UPL ltd gives brake out in daily chart.
Buy 530
SL 495
Target 603,740+
Time Duration 1-2 month
UPL: A Textbook Short setupHere are some guidelines for determining the next steps regarding UPL:
Consolidation: UPL has experienced a period of consolidation for over two years, forming a symmetric triangle pattern.
Breakdown and Retest: There was a breakdown from the triangle pattern, followed by a retest, which resulted in a continued downward movement until reaching a 52-week low.
Short Opportunity: The chart pattern of UPL presents a classic setup for a short trade.
Immediate Support: There is an immediate support zone approximately 5% below the current market price (CMP), which could potentially come into play.
Stronger Support: If the immediate support level fails to hold, the next significant support level is located around 20% below the CMP.
PE Ratio Range: Throughout the observed range, the price-to-earnings (PE) ratio of UPL has fluctuated between 22 and 13
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UPL : Stock After 40% + Fall We have created I study on upl , Which shows the history financials technicals news flows and price Forecast.
in this study we have talked about the historical levels, the consolidation levels and the book value of the company What are the reasons for this fall? etc.
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.
PIIND: Outperformer name in agrochem space
The following stock is largely outperforming the agrochem space
in last couple of weeks its in an uptrend
The agrochem other peers are in downtrend largely
the result were strong and there are high chnaces for the stock to gain market share and become even stronger
coming on technicals, it gave a fake downtrend and emerged stronger thereafter
its trading n an upward slioping trendline
expected target on higher side are
1) 4288
2) 4767
3) 5540
all above with a strict stop below 3250-3230 area
UPL BUY 486 SL 469 TGT 500/620/700UPL BUY 486 SL 469 TGT 500/620/700
7KInvest Ideas$$
DISCLAIMER: These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
SWING IDEA - UPL
Stock price has taken a very good support at crucial level i.e 580.
formed a strong bullish dojo on daily timeframe.
Currently, price is trying to retrace and possibly form a 'W' pattern with a higher high.
590 is a very strong support on monthly timeframe.
formed a bullish engulfing candle on monthly timeframe.
TARGET : 657 // 696 // 760 // 848
SL : STRONG DAILY CLOSE BELOW 595
#IONEXCHANG 584 TGT700:20% SL533 Recommended Buy - Rachit SethiaIONEXCHANG
CMP 584
TGT 700 ++
SL 533
Return ~ 20%
TF 6months
RR >2.2
NSE:IONEXCHANG
#IONEXCHANG
Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
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
#INSECTICID 499 TGT 656(30%) Buy Recommended - Rachit SethiaINSECTICID 499
TGT 646
SL 450
Return 30%
RR > 3
TF < 6M
Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
#UPL CMP 632 TGT 740+ Longterm more than 15% - BY RACHIT SETHIAUPL CMP 632
TGT 740 +++
SL 600
TIMEFRAME <6M
RR > 3
Return >15% +++
Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
UPL short positionAs we can see on the chart the price already broke the upsloping line, so we can entry short now or wait for a bearish retest.
Target is shown on the chart.
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 UPL - Elliott Wave View.
The downward correction remains pending with the formation of triangle. Invalidation at the high of wave E.
