ULTRACEMCO - Short idea
Updated
Cements stock has risen due to some news.
So keep strict SL.
One can go short at or below 4273 with SL at 4316 for T1 - 4225 T2 - 4200
Alternatively one can go short on 4150 DEC CE at 45 and 4350 DEC CE at 71 together for 23200 INR in 14 days.
So keep strict SL.
One can go short at or below 4273 with SL at 4316 for T1 - 4225 T2 - 4200
Alternatively one can go short on 4150 DEC CE at 45 and 4350 DEC CE at 71 together for 23200 INR in 14 days.
Note
correction - 4150 PETrade active
Note
Move SL to 4351 or one can wait for re-enrty.Trade closed manually
Spot made a low of 4250 and expired at 4275 giving full returns on options trade.Fut trade is closed manually.
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