UPL trade ideas
UPL - Breaking trendUPL is about to break the trend.
Currently need to cross 50MA and sustain to break the channel and also need to cross 50% FIB levels.
It has couple of resistances just above, but once cross 430 - it will fly away
keep it in watch list.
UPLUPL
- 28th first hour candle showing sell off on higher price.
- will have to follow to check the outcome at the end of the its pattern and long range showing buying trend.
#Trendline and triangle breakdown on daily chart # Bearishif support at 330 fails on monday, next level are 315 and 294.
UPL intraday 6th April 2020If price opens around pivot, short below 298.5, t1- 293.45 , t2-287.5
Above pivot, long arouond 302, t1-312, t2-314..
If gap up, short around 315 levels, T1- 305, T2-294
If gap down, long around 287.5 , t1- 293.45, t2-299
Buy UPL Limited | Expected Profit 7-8% | Arijit BanerjeeGoodluck Capital Recommendation:
Buy Range - 565-580,
Target - 615-620,
Stoploss - 560,
Maintain recommended stoploss by daily closing basis.
Once 1st Target hit, reset stoploss at 603.
