Monday, May 05, 2008

Protect profits: Update on trade 26- May 5,2008

Nifty up 15 points

 

10 May 5200  call options purchased at Rs 146. Book profits at rs 158 current premium though nifty may go up further

 

 

profits= 10*50* (158-146)- 2*10*50(brokerage)= Rs 5000

 

 

Note profit on trade 22 is Rs 2000 after brokerage

 

 
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