UPL Swing Trade

UPL has formed Double Bottom Pattern. Which is a bullish pattern and it may form W pattern. So we can take swing trade here.

Entry:
We can go long when price gives breakout above the resistance zone with strong bullish candle.

Target:
We can keep target near the next resistance which will be also the neckline of W pattern as marked on chart.

Stoploss:
We can keep stoploss below the resistance zone.

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