UPL is forming impulsive wave 5. Price was having complex correction of the wave 4. And wave 4 retraced 0.382% of wave 3, and the price increased sharply.
The price target for UPL is 964 because wave ((5)) ends at 161.8% of wave ((4)). Hence, the buyers can initiate the long position on a pullback.
If you are not a swing trader, you find sub-waves on smaller timeframes. Further information is updated below for premium members only.
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