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Option strategy of the day| Reversal breakout in Ultratech Cement signals upside

Recently stock has reversed from the lower end of the falling channel. Today it has moved beyond its 20DMA and 40DMA levels, hence 9600 levels are immediate support levels technically, said Jay Thakkar. ....

Ajay Thakkar , Ultratech Cement , Cement Spread Trade , Bull Call Spread , May Expiry , Max Risk , Potential Gain ,