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Arpit Goel

1st Sep · SEBI-Registered Analyst

UPL
Technioal Analysis

UPL
has given a strong breakout above the key resistance zone of ₹650–₹670, which has now turned into support, backed by higher volumes. The stock is trading well above both its 100-day EMA (₹670.89) and 200-day EMA (₹637.86), indicating sustained bullish momentum. The overall trend has shifted from a prolonged downtrend in 2023 to a clear uptrend in 2024–2025, with higher highs and higher lows being formed. As long as the price sustains above ₹680, the bias remains positive with potential upside towards ₹750–₹770, while support lies at ₹670 and ₹638.

#TechnicalViews
UPL-EQ_2025-09-01_16-51-41.png
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