As per the Technical Analysis Chart Pattern, UPL Share weekly view.
The potential upside with the view of 522. We can follow the strict Stop Loss of 491. It will only Buy After the breakout of the upper trend line which is acting as a resistance of level of 504.
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This is only...
Looks 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 Monthly/Weekly/Daily supply zone 505-606
cmp:445 19Aug2020 Price is just approaching towards the supply zone stradly in a steady uptrend
1. good Location(Monthly) structure with 2 exciting candles
2.Levels over levels in weekly chart inside same weekly zone
1. Execution daily only 1 exciting candle and there is no basing.(so confidence is...
#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...