UPL Looks Bullish
Updated
As per Technical Analysis and Fibonacci Retracement UPL Looks bullish if its break Resistance Of 655-660 then probably we can see 680-690 level on chart.
to get benefits of this Trade we can go for Hedge and Option strategy.
Hedge Position
Buy 645 PE Near 13,
And Buy UPL Future Near 647, SL 641, target 658,663
Investment required - 48000
Maximum Loss - 6800
Profit Upto 15000
Option Strategy -
Buy UPL 655 Near 8.50, SL 6, Target 12,15
only For Educational Purpose.
to get benefits of this Trade we can go for Hedge and Option strategy.
Hedge Position
Buy 645 PE Near 13,
And Buy UPL Future Near 647, SL 641, target 658,663
Investment required - 48000
Maximum Loss - 6800
Profit Upto 15000
Option Strategy -
Buy UPL 655 Near 8.50, SL 6, Target 12,15
only For Educational Purpose.
Trade closed: stop reached
Stop Loss Hit
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.