Wednesday, July 4, 2012

Buy Futures...Ranbaxy (Trade closed)

Buy Ranbaxy Futures. 
Close 505.85. Lot 500
Stop loss 493.
Target - 508/512/Higher.
Keep track of daily stop loss in the comments to this post. Position must be exited when recommended or when stop loss is hit. The stop loss provided must be applied at all times. It is a regular stop loss and not closing basis stop loss.
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.  

2 comments:

  1. Bought @ 512. Close 513.60. SL 494.50

    ReplyDelete
  2. Exited @ 515 (6 Jul). Profit Rs. 1500. ROI 4.18% (Margin Rs. 35840 as per ICICIdirect)

    ReplyDelete