UPL Core Setup: ₹607 Liquidity SweepUPL LimitedNSE:UPLRAJATAMILHere is the complete breakdown of the trade setup shown in your TradingView chart: ## **Chart Overview** * **Instrument:** UPL (NSE) * **Timeframe:** 15-Minute Chart * **Current Price:** **₹611.60** (+0.45%) ## **Technical Analysis & Structure** * **Smart Money Concepts (SMC):** The setup highlights a **Change of Character (CHoCH)** followed by a **Break of Structure (BOS)** around the ₹603–₹607 support zone, indicating that sellers lost control and buyers stepped in. * **Buy Signal:** A green **BUY** signal was generated following the structural breakout and retest near **₹607.20**. ## **Trade Parameters & Math** | Parameter | Level | Point Value | |---|---|---| | **Entry Price** | **₹607.20** | — | | **Stop Loss (SL)** | **₹603.00** | **₹4.20** risk (0.69%) | | **Target (TP)** | **₹630.65** | **₹23.45** reward (3.86%) | | **Current Price** | **₹611.60** | **+₹4.40** profit active | ### **Risk-to-Reward Ratio (R:R)** * **Risk:** ₹4.20 per share * **Potential Reward:** ₹23.45 per share * **Verdict:** A high R:R setup. Risking ₹1 yields a potential return of ₹5.58. ## **Current Position Status** * **In Profit:** The price is actively trading at **₹611.60**, holding **+4.40 points** above the entry level. * **Key Resistance Ahead:** The top target around **₹630–₹632** aligns with the long-term moving average (red line running across the upper panel), making it a logical area to lock in gains or take partial profits.