Tuesday, July 17, 2012

Sell Futures...Bank of India

Sell Bank of India futures
Close 335.65. Lot 1000
Stop loss 345
Target - 332/330/Lower
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.  

5 comments:

  1. Sold 337.60. Close 329.30. Stop loss 342.50 for today.

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  2. Close 326.70. All targets achieved. Exit positions if not exited. SL 337. Targets - 324/321/Lower

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  3. Close 325.70. Exit positions on Monday or hold for lower levels with SL @ 334. Now you cannot make a loss on this position as SL is below the sell price. Major correction can be expected in this stock now.

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