Stock of the day : UPL Ltd For Target Rs. 635 - Religare Broking
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UPL Ltd
* After being in a corrective phase for a prolonged period, the stock is showing signs of trend reversal.
* It has recorded a decisive breakout from an inverted head and shoulder pattern suggesting potential shift in direction from downward to upward.
* The price pattern and placement of momentum indicator denotes a strong up move from current levels.
* Thus, traders can consider fresh longs in the mentioned range
Buy UPL Ltd CMP 600 Range 598-602 SL 580 Target 635
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