Thursday, August 30, 2012

Sell Sterlite Ind Futures


Sell around 100-98
Stop Loss - 108
Target - 97/96/Lower
Prev Close 99. Lot 2000

Click for STERLITE 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.

4 comments:

  1. Margin Rs. 33745. Min 5%ROI exit price 98.30 achieved today. Exit positions or hold for lower levels with SL @ 105.

    ReplyDelete
  2. Already more than 5% delivered on this stock. Exit positions tomorrow or hold with SL @ 99.50 for lower levels of 96/95/Lower.

    ReplyDelete
  3. Now trading 95.25. Exit positions or hold for lower levels of 94.5/94/Lower with SL @ 97.

    ReplyDelete