Tuesday, July 24, 2012

Sell Futures...IDBI Bank

Sell IDBI Bank Futures...Aug
Close 89.80.Lot 2000
Stop Loss 93.50
Target- 89/88/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.  

4 comments:

  1. Close 87.40. Margin Rs. 30685. Close price below its min 5%ROI price of 89.40. You may exit today if not exited already or hold position with SL @91 for lower levels of 86.50/85.50/lower

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  2. Position exited @ 85.20 (27 Jul). Profit Rs. 10100. ROI 32.91%

    ReplyDelete