Monday, April 3, 2017

BEST STOCK FUTURE TO TRADE ON 05 APRIL 2017

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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