If you observe today’s sell-off it is with huge volume. The average volume is 5M and today’s volume is 22M.
Today’s price change 467.75 INR −38.80 (7.66%)
UPL Ltd. is trading higher than 200 day moving averages but lower than 5 day, 20 day, 50 day and 100 day moving averages
5 Day 506.15
20 Day 513.36
50 Day 502.66
100 Day 470.16
200 Day 464.54
Another interesting fact is 500 strike got 10 L call sells