theTradingSailor

Ambujacem shorting (intrday @ 197.4-197.5)

Short
NSE:AMBUJACEM   AMBUJA CEMENTS LTD
Shorting @ 197.4-197.5 (pullback/bounce)
SL: 198.5 (only 1.5 points)
Tgt: 196 or lower

This is a very short target trade - I am more into option writing for today since its expiry day.

Disclaimer: These are just my views, I am only SHARING my views - kindly do NOT trade blindly with these levels,
please do your own research before entering.
Comment:
I have kept a limit sell order @ 197.5 with an SL of 198.5 (1 point)
1 Lot is 3000, so max loss is 3000 rs if trade goes against us
Trade active:
shorted one lot @ 197.5. .(cmp in spot 197.55)
Trade closed: stop reached:
SL Hit (SL hunted)

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