$UPL Weak Trend, Strong Resistance

$UPL continues to display a bearish structure as the stock remains below its key 100-day and 200-day moving averages, indicating that the broader trend is still under pressure. Recent attempts to move higher have repeatedly faced resistance near the ₹660–675 zone, while ADX suggests a lack of strong buying momentum. RSI is hovering around neutral levels and MACD remains largely flat, reflecting indecision rather than strength. Unless the stock decisively breaks above its major resistance levels, the bias remains cautious with a higher probability of range-bound to weak price action.