ULTRATECH CEMENT LTD

Short

Shorting opportunity found in UntraTech Cement

Updated

A nice Shoring opportunity is found in UltarTech Cement. Risky traders can trade in June 2020 contracts in Futures and Risk averse can trade using Put Options.

Pattern - ABC Correction.

Can I trade in cash segment also - YES with a strict Stop loss.

Trade active

Trade activated.

Note

Made 100 points. Stay in the trade with Stop Loss of 4052 cash levels

Note

We are still in the trade. I bought 3500 June PE at 59 today. Lets's hope for a good trade.

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