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Wednesday, 28 October 2015

UPL - Multi-frame Study - Long Term Bullish

UPL - Multi-frame Study - Long Term Bullish

UPL MONTHLY -



 Look at Classical Cup & Handle Breakout with High Volume and RSI 60 Level Cross simultaneously.


UPL WEEKLY -


Higher High & Higher Low pattern
Price Reversed back to Accumulation Zone and Testing Support Trend line
Reversal Candlestick Pattern - Hammer at Bottom
Reverse Divergence or Hidden Divergence with RSI 40 level Touch (Good R:R Entry)

UPL DAILY -

Wait for BUY for Longer Term Investment....

Daily Price chart not showing Reversal Signal to upside as of now.
Moving Avg are negative, Lower Low & Higher Low formation on Daily price movement
Wait for Descending traingle Breakout with Volume or RSI 60 Cross confirmation

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