Wednesday, September 26, 2012

Sell Siemens Oct Futures


Buy around 715-705
Stop Loss - 724
Target - 700/695/Lower
Prev Close 705. Lot 500

Click for SEIMENS 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 @ 709.85. Now trading 701. Exit positions.

    ReplyDelete
  2. Position exited @ 701. Margin 46890. Profit 4425. ROI 8.86%

    ReplyDelete