UPL Future and Option Prediction for Tomorrow 1 June 2026: Key Levels and Strategy

The upl future and option prediction for tomorrow on 1 June 2026 is bearish, based on UPL closing at Rs 648 on 29 May 2026 (-1.24%). GIFT Nifty at 23,860.0 (+201.5 pts, +0.85%) signals a positive gap-up for Indian markets on 1 June. Nifty 50 closed at 23,649.95 on 29 May 2026, supported by a 3.2 per cent Nifty IT rally. FII net selling of Rs 21,105.86 crore on 29 May 2026 and below-normal monsoon concerns are the key risk factors for the upl future and option prediction for tomorrow.

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UPL Share Price Recap on 29 May 2026

CMP (29 May 2026 Close): Rs 648 (-1.24%)

Sector: Agrochemicals | 52W High: Rs 825 | 52W Low: Rs 525 | Lot Size: 1,300

UPL declined marginally on 29 May. The below-normal monsoon forecast is a direct headwind for agrochemical stocks, as reduced kharif crop planting area and monsoon uncertainty dampens farm input demand. UPL also continues its debt reduction journey.

UPL Futures Prediction for Tomorrow 1 June 2026

Futures Trend: Bearish

Futures Price (Approx): Rs 649

Support 1: Rs 637 | Support 2: Rs 624

Resistance 1: Rs 662 | Resistance 2: Rs 678

Ankit Jaiswal, Senior Research Analyst at Univest, notes that the UPL future and option prediction for tomorrow places Rs 637 as the critical immediate support for the 1 June session. With GIFT Nifty indicating a gap-up open of 201.5 points, the early session direction will be pivotal. Jaiswal flags Rs 662 as the first resistance level. A gap-up open above Rs 637 that sustains in the first 15-minute candle confirms the bearish continuation for UPL futures on 1 June 2026.

UPL Options Analysis for 1 June 2026

PCR: 0.81 | Max Call OI: Rs 660 strike | Max Put OI: Rs 636 strike

Kunal Singla, Associate Director at Univest, observes that the UPL options chain shows maximum call OI at Rs 660 and maximum put OI at Rs 636. The PCR of 0.81 reflects cautious positioning with call OI exceeding put OI. On the gap-up open driven by GIFT Nifty at +201.5 points, Singla suggests watching Rs 636 as the intraday support floor for options-based positioning in UPL on 1 June.

Key Triggers for UPL on 1 June 2026

• GIFT Nifty Gap-Up (+201.5 pts): The positive pre-market signal sets a constructive base for UPL futures on 1 June.
• IMD monsoon forecast and kharif planting area: Primary sector-specific catalyst for UPL direction on 1 June 2026.
• Global agrochemical channel inventory: Secondary trigger to watch in the first half of the session.
• FII Flow Reversal: FII selling of Rs 21,105.86 crore on 29 May 2026 resets on 1 June as a new month begins. Positive FII flow would accelerate bearish momentum in UPL.

Trading Strategy for UPL Futures and Options on 1 June 2026

1. Gap-Up Confirmation: Wait for the first 15-minute candle above Rs 637 before entering UPL futures. Do not chase the gap-up open.

2. Bull Setup: If UPL holds above Rs 637 and breaks Rs 662 on volume, the futures target is Rs 678 for the session.

3. Bear Setup: A break below Rs 624 on sustained selling confirms a bearish reversal. Exit longs and avoid buying on the dip below this level.

4. Options Strategy: With PCR at 0.81, consider defined-risk spreads for the 1 June session. Naked options carry elevated risk on a gap-up expiry week open.

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Conclusion

The UPL future and option prediction for tomorrow 1 June 2026 is bearish, with key support at Rs 637 and resistance at Rs 662. UPL closed at Rs 648 on 29 May 2026 (-1.24%). GIFT Nifty at +201.5 points provides a positive gap-up backdrop. Ankit Jaiswal of Univest places Rs 637 as the session support and Kunal Singla of Univest flags Rs 660 call OI as the resistance ceiling. All UPL future and option prediction for tomorrow levels are educational analysis only. Consult a SEBI-registered advisor before trading.

Investments in securities are subject to market risk. This content is for educational purposes only and does not constitute investment advice.

Frequently Asked Questions

What is the UPL future and option prediction for tomorrow 1 June 2026?

Ans. The UPL future and option prediction for tomorrow is bearish. CMP is Rs 648 (-1.24% on 29 May 2026). Support is at Rs 637 and resistance at Rs 662. GIFT Nifty at +201.5 points signals a positive gap-up open. PCR for UPL options is 0.81 with max call OI at Rs 660.

What is the support level for UPL futures on 1 June 2026?

Ans. Support levels for UPL futures on 1 June 2026 are Rs 637 (immediate) and Rs 624 (secondary). Ankit Jaiswal of Univest identifies Rs 637 as the make-or-break level for the UPL future and option prediction for tomorrow.

What is the resistance level for UPL on 1 June 2026?

Ans. Resistance for UPL on 1 June 2026 is Rs 662 (immediate) and Rs 678 (next resistance). Maximum call OI at Rs 660 acts as the upper boundary for the UPL future and option prediction for tomorrow.

What is the PCR for UPL options on 1 June 2026?

Ans. The PCR for UPL options is 0.81. Max call OI is at Rs 660 and max put OI at Rs 636. Kunal Singla of Univest observes this PCR as a cautious signal for the UPL future and option prediction for tomorrow.

What are the key triggers for UPL on 1 June 2026?

Ans. Key triggers for UPL on 1 June 2026 include: GIFT Nifty gap-up of +201.5 points, imd monsoon forecast and kharif planting area, global agrochemical channel inventory, and potential FII flow reversal at the start of June. These determine the UPL future and option prediction for tomorrow direction.