UPL
UPL running in downsideupl current price is 446 and create the rising wedge #pattern in the 1-hour timeframe and now ready to come to the down and sell near 449-453 with stop loss 459 and #downside target is 442-435-425. In the #upperside resistance is 463-467 cross this #level and stay above then easily come to 480-495-510+.
Also, awesome oscillator shows the weakness and below the 0 line.
UPL: Chart setup & strategyUPL
CMP 426
The stock is trading in blue channel.
There is a possibility of stock coming towards lower end of the channel.
Given the view one may consider selling UPL 450 Call option around 12.5
Lot size 900
Max profit potential Rs 11250/- per lot.
Take care & safe trading...!!!






















