Wednesday, 31 May 2017

Ambuja Cement - Option Strategy

Ambuja Cement showing bullish divergence.  Stock has taken support near 233 leve.

Buy Ambuja Cement 250 call option at 5.3 and sell 260 call at 2.4.   Risk Reward Ratio is 1:2. Maximum loss is 7250 and maximum profit is 17750.


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Indiamart Weekly Bullish Breakout

After 3 months of correction stock is made good set up to buy on monthly and weekly chart. Breakout with volume.