Thursday, May 17, 2012

Sell Futures...Bharat Forge (Trade Closed)

Sell Futures...Bharat Forge
Positional.
Close 312.75. Lot 1000
SL 325 closing basis.
Target - 308/305/Lower
Keep Track of daily closing basis stop loss in the comments to this post.Position must be exited when recommended or when stop loss is hit. 
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.

3 comments:

  1. Sold @ 313. Carry positions to Monday.

    ReplyDelete
  2. Target 1 (308) achieved today. That is a return on investment of 9.4% (Margin Rs. 53210 ICICIDirect.com). One may carry position for higher profits or exit at CMP.

    ReplyDelete
  3. Profit @ 308 is Rs. 5000 on this trade. ROI 9.4%

    ReplyDelete