Monday, September 3, 2012

Sell GAIL Futures

Sell around 353-350
Stop Loss - 363
Target - 349/348/lower
Prev Close 351.60. Lot 1000

Click for GAIL 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.

1 comment:

  1. Sold @ 355. Margin Rs. 49700. Min 5% ROI exit price 352.30. SL 363

    ReplyDelete