AMBUJA CEMENTS LTD
Long
Updated

Long Strangle on AMBUJA Cements

67
There is a small Pocket Pivot volume buy on Ambuja Cements pushing the Stock to 375 levels. I have taken a bet on a OTM long strangle. Any further pickup in volume with continuation Pocket pivots can move the stock over 375 towards 390. Expect to exit the long strangle next week.
Order cancelled
Exited.. There is no momentum either side. Prefer to exit after holding 5 days. Took a 2k Loss on this counter.

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