INVERTED POLE FLAG IN AMBUJA CEMENT
SUMMARY
-stock has created inverted pole flag pattern which is bearish
-ultracemco results have been subdued
-all cement stocks are taking a beating
-ultracemco sets the bar
-now the stock is a high beta
-volatility is huge
-will play the stock thru options
-please wait for the stock to break and close below 500
-it will open up a move towards 470-75
AMBUJA CEMENT 500 PE
BUY16
STOP@9
TARGET@25-30-35
DISCLAIMER
-this is my perosnal view
-trade according to your risk appetite
-manage your risk
-stock has created inverted pole flag pattern which is bearish
-ultracemco results have been subdued
-all cement stocks are taking a beating
-ultracemco sets the bar
-now the stock is a high beta
-volatility is huge
-will play the stock thru options
-please wait for the stock to break and close below 500
-it will open up a move towards 470-75
AMBUJA CEMENT 500 PE
BUY16
STOP@9
TARGET@25-30-35
DISCLAIMER
-this is my perosnal view
-trade according to your risk appetite
-manage your risk
Nota
NOTE THE OPTIONS WILL GO UNDER BAN TOMORROW TRADE ACCORDING TO RISK APPETITE
Trade fechado: objetivo atingido
FIRST TARGET HIT 🙏🙏🙏
Trade fechado: objetivo atingido
SECOND TARGET HIT🙏🙏🙏
Trade fechado: objetivo atingido
THIRD TARGET HITNota
500 PE 103 NOW 😳😳😳
Aviso legal
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