UPL set upLooks like 68 % retracement bounce has happended. If it sustains, it should reach 576 in the following weeks...
For intraday, use the levels in green as they are important support and resistance levels
UPL trade ideas
23) LOOKING BULLISH @BUY AT - 500 , SL - 478Long term survival is a more important thing to consider in trading than short term profitability
UPL Bullish Long Buy for 6 to 7 % returnUPL has been showing good strength
Can be bought at current levels with stop loss of 480 on closing basis
UPL - broke out. Ascending TriangleWait for 500. to cross. with volume.
last 3 days volume decreasing.
Resisting around 495 levels.
Soon will break out.
Note :
Broke out yesterday.
UPL Looking good for upmove.#UPL is looking good.
Above 21,50 and 200 EMA.
Broke Horizontal Resistance Line.
Broke Trend Line.
R-0181 BUY UPLBUY 501-503
SL 495
TGT 516
Reason : ichomoku cloud break out + TK cross over + MACD cross over +above VWAP
UPL Monthly/Weekly/Daily supply zone 505-606UPL Monthly/Weekly/Daily supply zone 505-606
cmp:445 19Aug2020 Price is just approaching towards the supply zone stradly in a steady uptrend
Pro:
1. good Location(Monthly) structure with 2 exciting candles
2.Levels over levels in weekly chart inside same weekly zone
con:
1. Execution daily only 1 exciting candle and there is no basing.(so confidence is low)
2.few( but not not so many) trading activity on the left in daily candles
3. Stock is in steady uptrend, so it might not drop again more
4.zone is big
UPLNSE:UPL
ITS WARMING UP IN BIG WAY, AS IT LOOKS ON CHARTS....
KEEP THIS ON RADAR, ONCE IT BREAK THE TRENDLINE, IT LOOKS TO MOVE BIG.
AFTER 498, 530 LOOKS ON UPSIDE AND ONCE CROSSES AND SUSTAINS ABOVE IT MIGHT TRAVEL TO 590-595
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Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
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UPL..Stretching.At last a break out. and as mentioned in notes sold at 494 495 region.
Position closed.
Now to wait for a break out from 497 for next target.
UPL Bullish Close above 486Taking Support at the trend line and looking bullish.
The price is attempting to break the resistance for the 4th time.
Volume is looking adequate to support. Need one strong candle to close above the resistance.
Stop loss 444/445 level on Closing basis
UPL long above 485-486 for targets as per chart.I will buy UPL if it opens above 480 only, Technical indicators are bullish but delivery is average.
Conservative traders buy only above 485.
Levels and targets as per chart.
HAHAHAHA LET'S GO JAI HIND!!!
UPL - Profit booking dragged this stock down on 3rd AugustWith no negative news on cards, this stock fell significantly on 3rd August.
This might be because many traders booked profit due to negative sentiments in the market. There was no other reason for this stock to gave such fall.
Operators might also be played their part here.
Anyways, this stock bounced from the trend line and closed 7 points above the trend line.
UPL potential breakoutUPI making HHs and HLs over the last few weeks. Now its above the 200 EMA, and at the junction of a trendline and a support line. strong correlation. next resistance at 498. SL at 462 and then at 438. Lets see how this plays out. There is also increase in volume. so more confidence in the upmove.
