Tuesday, May 13, 2008

Profits on Trade 39 and un booked profits on trade 40

Nifty down over 66 points at close of market .Last traded premium on Nifty May 5100 puts was Rs 202 .Our trailing stop loss not hit . hence last 3 lots booked at Rs 202.

 

Profit on first 3 lots booked at Rs 178= Rs 6300

 

Profit on next three lots = ( 202-134)*3*50- 300 brokerage=9900

 

Total profits on trade 39= Rs 6300+9900=16200

 

 

Trade 40: Un booked profits on two lots purchased at Rs 141 about Rs 6000. One lot profit to be booked on 14 may if market falls. Other lot to be carried over till next few weeks

 
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