Thursday, August 30, 2012

Buy futures...Opto Circuit

Buy around 122-124.50
Stop Loss - 114
Target - 125/127/higher
Prev Close 123.50. Lot 1000

Click for OPTOCIRC FnO quote

  • 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. 
  • In case the contract price opens at or close to the target, wait for recommended buying price.
  • Avoid taking positions in first 5-10 min after opening. Place stop loss after 5 min of opening.

3 comments:

  1. Margin Rs. 20655. Min 5% ROI exit price 122.60 achieved today. Exit or hold positions for higher levels with SL @ 116.

    ReplyDelete
  2. Position exited @ 122.90. Profit Rs. 1400. ROI 6.77%

    ReplyDelete