UPL – Ready for All-Time High? (Preemptive Breakout Setup)

🌱 UPL – Ready for All-Time High? (Preemptive Breakout Setup)

UPL is showing signs of a rounding bottom breakout after almost 4 months of consolidation.
If this breakout sustains, the stock can head towards an all-time high (ATH) — last seen in June 2021.
Since this is a preemptive setup, follow staggered entry and controlled position sizing.

📌 Trade Plan (Positional):
• CMP: ₹759
• Stop Loss: ₹645
• Targets: ₹829 / ₹935
• Extended Target (Positional): ₹1100

📍 Technical Insight:
• Multi-month rounding bottom structure
• Fresh breakout attempt on higher timeframe
• ATH possibility if sustain above breakout levels
• Preemptive → slow, volatile structure — stagger entries

⚠️ Clarification:
This is an independent analysis based purely on technical & market study.
Religare Broking Limited is not involved in this view or recommendation.

📝 Important:
I am not responsible for any profit or loss. No fees are charged — purely educational.

📉 Disclaimer:
Not SEBI-registered. Please do your own research.