Monday, May 05, 2008

protect profits: update on trade 26 Indian market 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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