Thursday, September 27, 2012

Sell Canara Bank Futures


Sell around 435-428
Stop Loss - 445
Target - 425/420/Lower
Prev Close 430.85. Lot 500

Click for CANARA 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.

2 comments:

  1. Sold @ 441. Margin Rs. 37485. Min 5%ROI price 436.90. CMP 432.50. Exit positions or hold for lower levels at ur own risk.

    ReplyDelete
  2. Exited @ 425. Profit Rs. 8000. ROI 21.34%

    ReplyDelete