Wednesday, September 5, 2012

Sell TATA Motor futures

Sell around 231-229
Stop Loss - 237
Target - 227/226/Lower
Prev Close 230.25. Lot 1000

Click for TATAMOT  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 @ 234. Margin Rs. 39780. SL Hit and position exited @ 239. Loss Rs. 5000. ROI -12.56%

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