📊 Trade Plan:
📈 Risk & Reward Calculation:
📊 Technical Highlights:
✅ Cup & Handle Formation: Classic bullish pattern with a potential breakout
✅ Trading Above Key DMAs: Supports bullish structure
✅ Sectoral Strength: Agrochemicals showing momentum, aiding UPL
✅ Volume Confirmation Needed: Avoid entry without 4x-5x volume spike
✅ Trading Against Trend: Trade light, no heavy positions
📉 Fundamental Concerns:
❌ ROE (-4.28%) & ROCE (3.29%) are poor: Indicates weak profitability
❌ High Debt & Low Efficiency: Capital allocation is not optimal
❌ Dividend Yield (0.15%) is Low: Not an income-generating stock
❌ Market Cap: ₹48,512 Cr – Large cap, but currently weak performance
🔎 Key Insight:
UPL's fundamentals are weak with low profitability (negative ROE) and poor return on capital (ROCE 3.29%), meaning the stock relies more on technical breakout rather than strong financial backing.
⚠️ Risks Involved:
❌ Breakout Failure Risk: If ₹662 is not sustained, stock may fall
❌ Sector Volatility: Agrochemicals are cyclical, demand-dependent
❌ Overall Market Weakness: If Nifty falls, UPL may struggle
❌ Fundamentally Weak: Not ideal for long-term holding
🚨 Disclaimer:
⚠️ This is not financial advice. Trade light and avoid heavy risk, as this setup goes against the long-term trend. Ensure proper risk management before entering. Volume confirmation is a must! 🚀
- Breakout Entry: Above ₹662 (With 4x-5x Volume Confirmation)
- Stop Loss (SL - Closing Basis): ₹581.95
- Target 1 (T1): ₹775
- Target 2 (T2): ₹831
- Current Price: ₹646
📈 Risk & Reward Calculation:
- Risk to SL: ₹646 - ₹581.95 = ₹64.05 (9.91%)
- Reward to T1: ₹775 - ₹662 = ₹113 (17.07%)
- Reward to T2: ₹831 - ₹662 = ₹169 (25.53%)
- Risk-Reward (R:R):
- To T1: 1:1.72 ✅
- To T2: 1:2.57 ✅
📊 Technical Highlights:
✅ Cup & Handle Formation: Classic bullish pattern with a potential breakout
✅ Trading Above Key DMAs: Supports bullish structure
✅ Sectoral Strength: Agrochemicals showing momentum, aiding UPL
✅ Volume Confirmation Needed: Avoid entry without 4x-5x volume spike
✅ Trading Against Trend: Trade light, no heavy positions
📉 Fundamental Concerns:
❌ ROE (-4.28%) & ROCE (3.29%) are poor: Indicates weak profitability
❌ High Debt & Low Efficiency: Capital allocation is not optimal
❌ Dividend Yield (0.15%) is Low: Not an income-generating stock
❌ Market Cap: ₹48,512 Cr – Large cap, but currently weak performance
🔎 Key Insight:
UPL's fundamentals are weak with low profitability (negative ROE) and poor return on capital (ROCE 3.29%), meaning the stock relies more on technical breakout rather than strong financial backing.
⚠️ Risks Involved:
❌ Breakout Failure Risk: If ₹662 is not sustained, stock may fall
❌ Sector Volatility: Agrochemicals are cyclical, demand-dependent
❌ Overall Market Weakness: If Nifty falls, UPL may struggle
❌ Fundamentally Weak: Not ideal for long-term holding
🚨 Disclaimer:
⚠️ This is not financial advice. Trade light and avoid heavy risk, as this setup goes against the long-term trend. Ensure proper risk management before entering. Volume confirmation is a must! 🚀
Dagangan aktif
Entry is triggered, and safe players wait for a close. 
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.