buy UPL above 748 tgt 755/758 sl 740
Primary trend of the UPL is bullish and after
giving breakout of its MONTHLY PIVORT POINT range bound movement, it is forming
continuation pattern in short term charts and near to breakout first monthly
resistance level at 750, it is likely to continue the positive movement with
the breakout of the pattern at the levels of 750 ; as the stock is managing to
trade above its 22 and 55&200 days moving averages with the RSI of 60, one
may expect the targets of 755/765 in the stock if it manages to sustain above
the immediate support level of 740/720.
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