Prediction based Trade no 19: Indian markets

Please refer to last Wednesday purchase of 7 lots of  May 5200 call options at average of Rs 142.86

 

Under profit protection rule ( and trailing loss rule) highest premium of rs 168 reached. Profits booked at Rs 163.

 

Net profit 7*50* (163-142.86)- 4*7*50(brokerage at average of rs 4) =  Rs 5649.

 

Please note profits booked under our trading rules but market may go up higher in next couple of hours