Hindustan Unilever Ltd - Short Term ( 1Day TF -2 Sept)

1)HUL took a resistance exactly @1.618 level(Fib from 1901 to 2413(previous swing low to high))
2)Took a support on top of parallel channel

Pattern:
parallel channel move

Possible Movement:
option:1
if it closes below the parallel channel we can sell call strike above 2720 with stop loss of recent high
option2:
if it closes below 2534 level of Fib .. we can buy PE with loss of 2580 or until it breaks top of parallel channel and reverse