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ashwinkpes

Shorting opportunity found in UntraTech Cement

Short
ULTRATECH CEMENT (NSE:ULTRACEMCO)  
ashwinkpes Updated   
NSE:ULTRACEMCO   ULTRATECH CEMENT
Elliott Wave short abccorrection ultratechcement
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elliottwaves short abccorrection ultratechcement
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.
Comment:
Made 100 points. Stay in the trade with Stop Loss of 4052 cash levels
Comment:
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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