Ambuja
Ambuja Cement - Strong oneHi All ,
No naked put/call buy sell , manage risk .
Classic text book divergence shown on chart. expecting move above to 240 , stop loss of 205
Buy 220 April call , 1 lot
Sell 240 April call , 1 lot
or
Buy April call 230 , 2 lot
Buy April 220 put , 1 lot
Don't want the march series if it goes sideways, we will get Theta thrashing.
Ambuja_cement Long...AMBUJACEM take Overbought zone to keep watch if break directly or pullback 38.3 retrace then break Upward
Dont enter trade now keep wait for pullback
Enter Above 235. 50 to 237.50
Disclaimer:
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