Tuesday, May 13, 2008

Trade 39& 40: Update- Trade orders completed

Trade: 3 lots of May 5100 puts purchased at Rs 138 and another 3 lots at Rs 130 ( day low of Rs 129)

 

Average price per lot is Rs 134.

 

If profitable at Premium of Rs 150 ( with trailin stop loss once this premium is reached again) or higher by day end book profit on 3 lots only . Other wise hold till Wednesday

 

 

Trade 40: Two lots of above  purchased at Rs 141 to be maintained till next few weeks

 
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