UPL -Cup and Handle - Breakout with volume

UPL -Cup and Handle - Breakout with volume

Name - UPL
Pattern - Cup and Handle
Timeframe - Daily
Status - Breakout with good volume
Cmp - 598
Target - 719
SL - 584

Pattern: Cup and Handle

The Cup and Handle pattern is a bullish continuation pattern

Fundamentals:
Here are some key fundamental ratios for UPL Ltd.:

Market Cap: ₹44,908.86 Cr1
Current Price: ₹598.301
Price-to-Earnings (P/E) Ratio: 14.782
Price-to-Book (P/B) Ratio: 5.981
Return on Equity (ROE): -4.83%3
Debt-to-Equity Ratio: 1.153
Dividend Yield: 0.17%1
UPL Ltd. is a major player in the agrochemical industry, but its recent financial performance shows some challenges, particularly with a negative ROE and a high debt-to-equity ratio3.