Tuesday, May 15, 2012

Sell Futures...ITC Limited (Trade Closed)

Sell Futures...ITC Limited
Close 234.10. Lot 1000
Stop loss - 239 closing basis.
Target - 230/227/Lower.
Keep Track of daily closing basis stop loss in the comments to this post.Position must be exited when recommended or when stop loss is hit. 
There in no surety that all the recommended targets can be achieved. 
You may chose to exit after 5% return on investment is achieved or continue to hold position at your own risk.

6 comments:

  1. Sold 236. Now trading 232.20. Hold for tomorrow.

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  2. Maintain SL @ 239 closing basis for today.

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  3. Maintain closing basis stop loss @ 236.50 for today.

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  4. Maintain closing basis stop loss @ 236.50 for tomorrow.

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  5. ITC futures sold @ 236. CMP 231. Margin Rs. 33040 (ICICIDirect.com). Currently return on investment stands at 15.13%. One can chose to exit position now or hold for higher profits at your own risk.

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  6. Profits booked @ 231. Profit Rs. 5000. ROI 15.13% in 3 days.

    ReplyDelete