UPL
UPLNSE:UPL
Risk Reward is good !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
UPL- Take Reverse From Support ZoneUPL was moving with the trendline and now it was consolidated nearby the trendline and now it's given a breakout in an upward direction as you can see now. This breakout can give very good risk-reward on a positional basis, traders can also find opportunities on daily basis based on their setup.
Entry Level:- Above @740 (Wait for Retest around 740)
Stop Loss:- Below @708
Target:- Book target based on your entry (For intraday Might be different)
#IPL #UPL #FACT #PIIND #BESTAGRO #BHARATRAS #DEEPAKFERT #KILPEST#IPL
NSE:IPL
CMP: 263
TP: 300
SL: 245
TF: <6m
RR > ~2.4 times
Return > ~15%
NSE:IPL
UPL FACT PIIND BESTAGRO BHARATRAS DEEPAKFERT SHARDACROP SUMICHEM
KILPEST
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 - 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 Trendline BrokenUPL is falling for last one month now it has showed some strength.
Trendline has broken
In option chain for 24th nov there is volume in call side.
There is one block deal purchase on 8th aug in this stock whose sell deal is not there in block deals so we can assume that postion is still open
UPL - MULTIPLE INDICATOR 📊 Script: UPL (UPL LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY 500
📊 Sector: Chemicals
📊 Industry: Fertilizers & Agrochemicals
This stock pick is according to my study. I have use few indicator that is
BOLLINGER BAND
MACD
RSI
DOUBLE MOVING AVERAGE
VOLUME
📈 Stock has given breakout of upper band of BB.
📈 today's rally was with higher volume then previous one.
📈 RSI is around 71.
📈 there is already crossover's at MACD and Double Moving Average few days ago.
🟢 Target 🎯🏆 - 848
⚠️ Stoploss ☠️🚫 - 714
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
UPL 840 area has acted as multi time hurdleUPL has failed to sustain 840 area multiple times, on daily and weekly it seems it may go for a inverted HNS subject to hold 760-720 levels and then a breakout above 840 will confirm the pattern and open doors for upper levels.
I will be watching this to buy at key levels after watching PA and data near those levels.
Simple Trade Setup | UPL | 18-04-2022 [INTRADAY]NSE:UPL
Observations:
1) On 1day time frame,we can see 824 is immediate breakout level and major breakout level is at 840.
And it is forming rounding bottom pattern. as well as cup and handle type formation as well.
If these patterns gets activated then we can see good up move.
Please refer below chart : 1day time frame.
2) On 15min time frame, we can see a support trendline. If it gives breakdown of this support trendline then we can see intraday fall.
Please refer below chart : 15min time frame.
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Trade Setup for 18-04-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
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 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