We are currently in long term wave 2 in UPL.
Wave 2 seems to be making a C failure flat.
We are in the last leg of the correction post which we might see wave 3 starting in UPL
Wave three will be at least 1.618 times of wave 1 which gives a rough price target of around 1400 odd levels.
One can look to add this in their portfolio.
Can enter once 2-4 trendline is broken on the upside.
This analysis is only for educational purposes. Pls consult your financial advisor before entering any trade
Wave 2 seems to be making a C failure flat.
We are in the last leg of the correction post which we might see wave 3 starting in UPL
Wave three will be at least 1.618 times of wave 1 which gives a rough price target of around 1400 odd levels.
One can look to add this in their portfolio.
Can enter once 2-4 trendline is broken on the upside.
This analysis is only for educational purposes. Pls consult your financial advisor before entering any trade