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johntradingwick
8 okt 2021 09:17

UPL - Time to Breakout Lång

UPL LTDNSE

Beskrivning

Key Highlights:

1. Interacting with the trendline
2. Bullish MS on the lower time frame
3. Rebound from 200 MA cluster
4. Volume expansion
5. Already reversed on lower time frames
6. Bullish divergence
7. Falling wedge pattern
8. Rebound from the demand zone

Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.

Rajat Kumar Singh
(@johntradingwick)

-NSE Certified Technical Analyst
-NSE Certified Fundamental Analyst
-NSE Certified in Investment Analysis and Portfolio Management
Kommentarer
SupriyoFtw
bro how did yu make make the backgroud make pure white ?
johntradingwick
@SupriyoFtw, You can set the background to white just by going to the chart settings and then selecting the colour WHite from the "Appearance option".
puneetbhardwaj90
Trendline not broken, may reverse from 738. It's in the Short term downtrend can come down to 705. if close above 747, then may go long, next res level around 770.
johntradingwick
@puneetbhardwaj90, Obviously the TL is not broken. If you are following my work for some time, then you may understand that I have written it for the coming time.
amitkishor
Thanks for the detailed analysis Rajat..!!
sandeepbalachandran
Nope.. I'll wait it out until Monday. I do not like the wick on the head!
johntradingwick
@sandeepbalachandran, Yes, because there was an untested supply zone.

StopLossSetGo
@johntradingwick Hello! Follower of your work. Would you think the lack of volume is a concern?
johntradingwick
@StopLossSetGo, Hi. It is still in a downtrend. The volume will come if it breaks out. Although, if you move to lower time frames, you can see a rise in volume.
ashutosh46202
will visit 720 levels again. this is being sold everytime it goes up.
Mer