Thursday, August 30, 2012

Buy Siemens Futures

Buy around 680-685
Stop Loss - 670
Target - 690/700/higher
Prev Close 683.50. Lot 500

Click for SIEMENS 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. 47530. Min 5% ROI exit price 684.20 (already achieved today). Stop loss 676. Exit or hold position for higher levels. Min target of 5% is achieved.

    ReplyDelete
  2. Position exited @ 686. Profit Rs. 5000. ROI 10.52%

    ReplyDelete