Monday, July 2, 2012

Buy Futures...Mphasis (Trade Closed)

Buy Mphasis Futures
Close 374.45. Lot 500
Stop loss - 362
Target - 380/390/Higher
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.  

4 comments:

  1. What a rally!!! Close 387.10. Move SL to 369 now. One can exit today or hold for 390/393/Hogher

    ReplyDelete
  2. Close 391.70. All targets achieved. Maintain stop loss @ 372 and hold for 395/400/Higher

    ReplyDelete
  3. Position exited @ 404 (11 Jul). Profit Rs. 15000. ROI 47.18%. (Margin Rs. 31790 as per ICICIDirect))

    ReplyDelete