UPL trade ideas
UPL BREAKOUT GIVEN ! TARGET OF 520+ BOLLINGER BAND BROKE AFTER NARROW RANGE
BREAKOUT DOUBLE TOP
STRONG RESULTS
Target 520
SL 460
UPL - PNF CHARTNSE:UPL
This is a PNF chart of 5 box size and reversal size of 3
Here we can see a Double top being activated, and the target if it sustains can be seen till 480 as per the PNF levels.
This should be refered on candlesticks if you are not versed with this chart type.
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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 - Breaking our?UPL is breaking out of ascending triangle setup.
Looks good.
Notes are provided in chart.
UPL- long above 470UPL swing breakout tested 470 with volume ,lets see when its goona breach 470... taken support of daily trendline and also had a triangle breakout. only hurdle is 470. Trarget of 590 on cards...
UPL short - Broken trendlineUPL short - Broken trendline and retested the broken support as resistance. May continue back downward for short term.
UPLNSE:UPL
CAN BE BUY WITH SUPPORT PLACED AT 434 AND LEVELS ON UPSIDE CAN BE 445, 452 & 460
IT HAS BEEN UMMOVED IN TODAYS VOLATILE MARKET, CAN EXPECT SOME GOOD MOVE.
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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.
***********************************************************************************************************************************************
UPL - Bounce from lower trendline support?NSE:UPL may bounce from lower trendline support.
Track this.
UPL long term tradeUptrend Structure Break and retest . I have not entered in the trade yet. I will wait for the price to come around 400 and then will look for bullish price action to buy for long term.
Thanks
UPL Multi Time Frame Analysis . ( 1 Day & 75 Min ) UPL Multi Time Frame Analysis . ( 1 Day & 75 Min )
Trade Type :- PULLBACK
On Daily
Price Making HH And HL's ( With A Higher Volumes )
Going Up Volumes Are Greater Then Avg .
It Made A High Of 449.70 ( With Low Volume Bar & Bearish Candle )
After Making High It Retraced Till Fib 0.5 Levels And Taking Support On that levels .
Price Taking Support On 34 Days EMA .
After Entering Demand Zone Price Made A Doji Which Shows Indecisiveness .
On 75 Min .
RSI Is Giving Divergence .( Momentum Is Shifting )
Trade Plan
ENTRY :- Buy Above Doji ( 411 )
STOP LOSS :- 388 ( Where Last Demand Came )
Target
432 ( Strong Resistance)
Swing Target :- 460-475 ( FIB Extension )
Happy Trading
