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It was a very wonderful week last week and the markets have given handsome pullback of 600 points approx from the low point of the week, Remember the low point of the week was established in recent sessions was 10004.55. which we expected just a month ago on 23rd September.
We specifically quoted that nifty may touch 10000https://wp.me/p9xQFa-6a
UPL change in trend.
Took support of short term support.
Levels mentioned in the chart.
UPL is due for some retrace to strong support level Rs.680, expecting to bounce of Rs.680 upwards towards strong resistance of Rs.740.
All details on chart.
Use proper capital management.
This is not an investment advice.
narrow range movement
Going long for a target of 770 with stop loss 732.
GO LONG ,LEVELS MENTIONED IN CHART
Analysis and trigger price are given in the chart. I shall provide the target and stop loss levels when entry is triggered.
Buy - 820
CBSL - 796
Target - 862 - 875
good support level
Breakout on upside with volumes..Time to go long with sl of 720
buy above 674.50 for target of 695 in 1-2 days with sl @ 671
buy above 652 for first target of 657-659 and sl @648
ascending wedge breakout in upl can go up to 665.28
..Wait for breakout....It may go to 750 quickly