How Ambuja Cement Gives Bumper Profit in Single Day?

If you are an option trader, this may be Jackpot for you. The Ambuja cement moves around 520 to 525 level in last few days but it is in bearish mode, looks like 500 may breakdown. Earlier, four times it tries to move below 500 but this time it breaks down 500 and closed to 460.

Ambuja Cement Trading

If you are constant watching since last few days and capture todays 500 PE then it is bumper profit for you.
The 500 PE Ambuja cement 25th January was closed at Rs. 3.45 on previous day and open at Rs 5.45 on 25th January, if you buy single lot, you will make Rs 56,700. You have risk of only Rs. 9801 if the Ambuja cement increase above 500+ level.

Ambuja Cement 500 PE 25th January	Price Movement on 25th January
24th Closed	Rs. 3.45
25th Open	Rs. 5.45
25th Closed	Rs. 37.00
Lot size	1800
Buy	5.45*1800 = Rs.9810
Sell	37 * 1800 = 66,600
Profit	Rs.66,600 – Rs. 9810 = Rs.56790

The option trader has tried to search such type of trading idea which has lower risk to lost your money.
Today’s move on ambuja cement on downside is unbelievable but you will get profit, if you go short on it.