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MARKET OUTLOOKSTOCK OUTLOOKUPL

UPL Outlook for the Week (July 31, 2023 – August 04, 2023)

UPL Weekly Outlook and Analysis:

For the Week: (July 31, 2023 – August 04, 2023)

UPL closed the previous week on a negative note losing 2.44%

Technically, UPL share price will see immediate support at 619.00 and immediate resistance would be seen at 634.55

If UPL share price closes below immediate support of 619.00, then sharp breakdown can be seen. UPL share price will see major support at 612.85 for the week.

On the positive side, immediate resistance will be seen at 634.55. Closing above 634.55, UPL share price will see a sharp breakout. Major resistance for UPL share price will be seen at 643.95 for the week.

Trading range for UPL share price for this week should be between 603.45 on down side and 650.10 on up side.

UPL Previous Week High: 637.8

UPL Previous Week Low: 622.25

UPL Previous Week Range: 15.55 Points

UPL share price support and resistance for the week (July 31, 2023 – August 04, 2023)

Level Type Value
Resistance 3 650.10
Resistance 2 643.95
Resistance 1 634.55
Support 1 619.00
Support 2 612.85
Support 3 603.45

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