AMBUJA CEMENTS LTD
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INVERTED POLE FLAG IN AMBUJA CEMENT

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SUMMARY
-stock has created inverted pole flag pattern which is bearish
-ultracemco results have been subdued
-all cement stocks are taking a beating
-ultracemco sets the bar
-now the stock is a high beta
-volatility is huge
-will play the stock thru options
-please wait for the stock to break and close below 500
-it will open up a move towards 470-75

AMBUJA CEMENT 500 PE
BUY16
STOP@9
TARGET@25-30-35

DISCLAIMER
-this is my perosnal view
-trade according to your risk appetite
-manage your risk
Ghi chú
NOTE THE OPTIONS WILL GO UNDER BAN TOMORROW
TRADE ACCORDING TO RISK APPETITE
Đóng lệnh: đạt mục tiêu
FIRST TARGET HIT
🙏🙏🙏
Đóng lệnh: đạt mục tiêu
SECOND TARGET HIT
🙏🙏🙏
Đóng lệnh: đạt mục tiêu
THIRD TARGET HIT
Ghi chú
500 PE 103 NOW
😳😳😳
AMBUJACEMambujacementBearish PatternsBearish FlagChart PatternsflagformationTechnical IndicatorspriceactionsupportbreakdownsupportturnsresistanceTrend Analysis

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