UPL Result : Good result and stock on channel breakout

2. Aug. 2020

#UPL Q1FY21 Profit Nearly Doubles On Low Base, Improved India Business. Net profit rose 93% year-on-year to Rs 551 crore in the April-June period. UPL’s Revenue declined 1% over the year ago to Rs 7,833 crore.

Showing Bullish result in Technical Parameter:
CCI Overbought zone
RSI is treading UP
MFI is treading UP
Stoch is treading UP
DI+ is trending UP from DI-
Aug PCR OI is 0.51 means oversold.
Closed below 200SMA
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Resistance : 498.55 and 520
Breakout : 486
LTP : 478.15
Breakdown : 474
Support : 467.20 and 456.35
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Positive & Negative Point:
1) Bullish in Daily chart.
2) Neutral in Weekly/Monthly chart.
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(Disclaimer: This is only for educational purpose and paper treading. Learn and take advice from you financial advisor)

3. Aug. 2020

Trade geschlossen: Ziel wurde erreicht

hit the level 456.35