yrdvas

Long Strangle on AMBUJA Cements

Long
yrdvas Updated   
NSE:AMBUJACEM   AMBUJA CEMENTS LTD
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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