Wednesday, June 6, 2012

Buy Futures...Vijaya Bank (Trade Closed)

Buy Vijaya Bank Futures
Close 53.65. Lot 4000
Stop loss 51 closing basis.
Target- 55/56/Higher
Once Vijaya bank trades above 57 in cash, expect smart rally.
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.

4 comments:

  1. All targets done. Friday's close 56.30. Exit on Monday or hold for higher levels of 56.80/57.30/57.80 for next week. SL for Monday 53. Enjoy the ride.

    ReplyDelete
  2. Margin Rs. 41268 as per ICICIDirect.com. Profit Rs. 10000. ROI 24.23%

    ReplyDelete