UPL Result : Good result and stock on channel breakout

#UPL Q1FY21 Profit Nearly Doubles On Low Base, Improved India Business. Net profit rose 93% year-on-year to Rs 551 crore in the April-June period. UPL’s Revenue declined 1% over the year ago to Rs 7,833 crore.

Showing Bullish result in Technical Parameter:
CCI Overbought zone
RSI is treading UP
MFI is treading UP
Stoch is treading UP
DI+ is trending UP from DI-
Aug PCR OI is 0.51 means oversold.
Closed below 200SMA
Resistance : 498.55 and 520
Breakout : 486
LTP : 478.15
Breakdown : 474
Support : 467.20 and 456.35
Positive & Negative Point:
1) Bullish in Daily chart .
2) Neutral in Weekly/Monthly chart.
(Disclaimer: This is only for educational purpose and paper treading. Learn and take advice from you financial advisor)
Trade closed: target reached: hit the level 456.35