UPL Ltd. Long (Trend Analysis)

The stock shows a bullish trend reversal. Wave Analysis and Fibonacci Patterns show that the stock has retraced/corrected about 70% from the last high after which it has clearly shown an Correction Impulse Wave. Suggest a buy at 604.00 - 610.00 levels with a target price of 870 (Medium-Long Term) with a stop loss 560.00