Sunday, July 22, 2012

Sell Futures...Oriental Bank of Commerce

Sell Oriental Bank futures - Aug
Close 241.15. Lot 1000
Stop loss 252.
Target - 240/238/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. Margin Rs. 40630. CMP is lower than 236.80, min price for 5% ROI. You may exit position today lower than this price or hold for lower levels with SL @ 248

    ReplyDelete
  2. Min ROI of 5% delivered on this trade. All those who continue to hold positions must exit immediately.

    ReplyDelete
  3. Position exited @ 227. Profit Rs. 12000. ROI 29.53%

    ReplyDelete