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Visionary_Growth_Insights

SWING IDEA - UPL

Long
UPL LTD (NSE:UPL)  
Visionary_Growth_Insights Updated   
NSE:UPL   UPL LTD
Trend Analysis Chart Patterns Technical Indicators swingtrading BSE nse india UPL Technical Analysis
24
0
trendanalysis chartpattern indicator swingtrading bse nse india upl technicalanalysis

  • Stock price has taken a very good support at crucial level i.e 580.
  • formed a strong bullish dojo on daily timeframe.
  • Currently, price is trying to retrace and possibly form a 'W' pattern with a higher high.
  • 590 is a very strong support on monthly timeframe.
  • formed a bullish engulfing candle on monthly timeframe.

TARGET : 657 // 696 // 760 // 848
SL : STRONG DAILY CLOSE BELOW 595

Comment:
We can hold this trade with a strict SL of 580 on closing basis.
Comment:
Our SL got hit on 25oct.
Trade closed.
We booked a loss.

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