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AALGO BREATHS I SEBI RA

3rd Feb · SEBI-Registered Analyst

UPL Ltd – Technical View

📊 UPL Ltd – Technical View Timeframe: Daily UPL has seen a sharp breakdown after failing to hold above the middle Bollinger Band, followed by a quick bounce from the lower band support. The recent recovery looks technical in nature, but overall structure still indicates weak to cautious bias. Price is currently below the short-term moving average, and the trend remains under pressure unless it regains strength above key resistance levels. Momentum indicators suggest early stabilization, not a confirmed trend reversal yet. 🔑 Key Levels Immediate Resistance: ₹745 – ₹760 Major Resistance: ₹800 – ₹820 Support Zone: ₹700 – ₹680 Lower Support: ₹650 – ₹640 📉 Outlook Below ₹760, upside may remain limited and selling pressure can re-emerge. Sustained move above ₹800 with volume is required for trend reversal. A break below ₹680 may invite further downside towards ₹650. ⚠️ For educational purposes only. Not a buy/sell recommendation. — AALGO BREATHS 🔍📈

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