Thursday, July 26, 2012

Sell Futures...Indian Hotels

Sell Indian Hotels Aug Futures
Close 58.75. Lot 4000
SL 60.70
Target - 58/57/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. Close 56.15. Margin Rs. 39848. Closing price is much below the min 5% ROI price of 58.10. You may chose to exit position today (if not exited already) or hold with SL @ 59.60

    ReplyDelete
  2. Exited @ 56.90. Profit Rs. 6800. ROI 17.06%

    ReplyDelete