#UPL
UPL Ltd - Monthly Chart Analysis
Current Price: ₹647.50 (+7.25%)
Open: ₹609.80 | High: ₹658.25 | Low: ₹594.45 | Close: ₹647.50
Key Observations
Strong Monthly Breakout: The stock has given a strong bullish close above previous resistance near ₹570-600.
Reclaiming Higher Levels: After a prolonged downtrend, UPL is now showing strong buying interest.
Next Resistance: ₹700-720 zone, which acted as resistance in the past.
Support Zone: ₹570 (recent breakout level), which may act as a retest area if the stock pulls back.
Momentum & Outlook
Bullish Bias: As long as the stock holds above ₹600, the uptrend remains intact.
Volume Confirmation Needed: If backed by strong volumes, this breakout could lead to a sustained rally.
Caution if Below ₹570: A breakdown below ₹570 would invalidate the bullish structure.
Current Price: ₹647.50 (+7.25%)
Open: ₹609.80 | High: ₹658.25 | Low: ₹594.45 | Close: ₹647.50
Key Observations
Strong Monthly Breakout: The stock has given a strong bullish close above previous resistance near ₹570-600.
Reclaiming Higher Levels: After a prolonged downtrend, UPL is now showing strong buying interest.
Next Resistance: ₹700-720 zone, which acted as resistance in the past.
Support Zone: ₹570 (recent breakout level), which may act as a retest area if the stock pulls back.
Momentum & Outlook
Bullish Bias: As long as the stock holds above ₹600, the uptrend remains intact.
Volume Confirmation Needed: If backed by strong volumes, this breakout could lead to a sustained rally.
Caution if Below ₹570: A breakdown below ₹570 would invalidate the bullish structure.
Automated Tools/Indicators/Screeners available at kkonline.org/nimblrta
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Automated Tools/Indicators/Screeners available at kkonline.org/nimblrta
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.