UPL is showing a good breakout from symmetrical triangle pattern after consolidating for more than 3 months. Even the volume was good on the breakout day i.e. 8th Jan. It could reach 600 levels from the current market price. There is a small resistance near 520-525 level and further it might face resistance near 600 level. Let's see how this pan out.
Disclaimer: - These views are for educational purpose only and not a recommendation.
Disclaimer: - These views are for educational purpose only and not a recommendation.
Catatan
Risk averse trader can book some profit in this trades since UPL has given a good move in few days and is near its resistance level. It might consolidate at 550 level before moving further.Trading ditutup: target tercapai
UPL achieved it's target of 600
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.