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 🔍📈