#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
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Automated Tools/Indicators/Screeners available at kkonline.org/nimblrta
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.