Prediction based Trade 16: US market

Book profits on Dow futures from Friday trade. Profit  US $ 250

 

 

Approximate profits are $ 250)= Rs 10000). This is based on assumption that only Mini Dow ($5) was purchased ( Dow Index call options it seems, are not traded ) . Trade was recommended when dow was down 80 points last Friday ,very close to day’s low.Dow future in range of 65 points( implying maximum profit of 65*$5= $ 325 ) we assume only $250 profit could be made as we book profits today.

 

 

On United technologies  trade , a small profit of  $15 made.

 

 

IBM trade remained unexecuted as price target was not met.