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ShreeGanesh_1991

India cement - Oversold - sell on rise

Short
INDIA CEMENTS (NSE:INDIACEM)  
ShreeGanesh_1991  
NSE:INDIACEM   INDIA CEMENTS
Trend Analysis Chart Patterns Technical Indicators overpriced overbought profitbooking
2
2
trendanalysis chartpattern indicator overpriced overbought profitbooking
Sell > 247 to 251
easy tg - 235

Highly overbought, no more upper circuits.
Likely to consolidate from here.

One can sell call spread,

sell 250 CE cmp 6.6 and buy 260 CE cmp 3.8
You can eat premium of 3.8.

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