UPL to give breakout-CUP&HANDLE formation -22% return expected
UPL CMP at supply zone but Q4 result better than expected.
As the price at supply zone may form handle pattern as CUP already formed.
Once breakout from handle ie..700 and above Target 722 is expected.
Entry can be taken if proper breakout above 700 or if give entrancement to 653~680 , can be entered with SL below demand zone 620~ 640
As the price at supply zone may form handle pattern as CUP already formed.
Once breakout from handle ie..700 and above Target 722 is expected.
Entry can be taken if proper breakout above 700 or if give entrancement to 653~680 , can be entered with SL below demand zone 620~ 640
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