Tuesday, August 7, 2012

Sell Futures...Oil India

Sell Oil India Futures
Close 480.75. Lot 500
SL 490
Target - 478/476/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. Close 477.25. Margin Rs. 41225. At current close the profit is more than our min ROI of 5%. You may exit positions on Monday or hold for lower levels with SL @ 485.

    ReplyDelete
  2. Position exited @ 470. Profit Rs. 7500. ROI 18.19%

    ReplyDelete