Wednesday, August 15, 2012

Buy Futures...Federal Bank

Buy Federal Bank Futures
Federal Bank NSE
Close 429.95. Lot 500
Stop Loss - 420.
Target- 431/432/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 @ 429.60. LTP 436.90. Stop loss 422. All targets achieved. Margin Rs. 36516. Todays close is already above our min 5% ROI price of 433.60. You may exit tomorrow or hold with SL @ 422 for higher targets of 438/440/Higher

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  2. Position exited @ 442.50 yesterday. Profit Rs. 6450. Margin Rs. 36516. ROI 17.66%. Exit positions on Monday if not exited already or hold for higher levels of 442/444/Higher with SL @ 426.

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