Market insights
UPL (Long)Its above 200 EMA on 1 Day chart.
Good volume coming.
about to give BO in uptrend now.
buy when resistance trendline broken or as per the buy level given on the chart.
rest all levels as mentioned on the chart.
Please do correlate by yourself also on charts. This is for paper trading and educational purpose only. Must consult your Financial advisor before investing.
UPL - Bull Flag Pattern Consolidation - Short Term BearishUPL had a great run of 260% from COVID lows to recent All Time Highs. Now the stock has taken a breather and consolidating in a bull flag . It looks like its gonna take some more time to consolidate in the channel before giving another breakout. I see the stock is bearish short term and might just test the lower end of the channel and bounce to the upper side of the channel. UPL might retest the support levels marked on the chart 674, 635 and 621. Strong support at 621 , long term buyers can start accumulating at small positions from 635 and 621 levels.
UPL - long viewThe stock has created a good base at the level range of 622 levels.
As you can see the stock has taken support around this area and moved upwards.
It reached a high of 844 levels before crumbling to huge selling pressures.
The stock is trying to make its way back to the top.
I have presented my views on the chart with levels that can help you take your trades.
Thanks & Regards,
If you feel you can make use of my views and put them to good use, request you to kindly revert with feedback/suggestion/improvement
UPL wave analysisUPL stock is in b-failure flat correction since from june 2021,last c wave of flat is going on waves 1&2 are over 3,4,5 aare still pending in downside.this correction is expected to end in the range 650-700.DISCLAIMER:this is my view,if price patterns change i will also change my view
UPL a good stock in the wake of Union Budget 2022The stock looks good as it has shown strength after consolidation. The sector in particular can be a beneficiary in the upcoming budget. This is my personal opinion for the educational purpose, please check with certified expert before making any investment decision.
UPL Long term1/ UPL will break from the Support i upward trend
2. COnfluence of VOulmetric profile , Over distrubution phase
3 3 year CAGR growth
Revenue 29.8%
NetProfit 12.4%
OperatingProfit 33.6%
4 Outperformer - UPL up by 7.5% v/s NIFTY 50 up by 0.35% in last 1 month
5.12.51% away from 52 week high and 69.97% away from 52 week low
6. Support at 680 , Market leader , Target 760






















