Friday, May 30, 2008

Trade 68 & update on trade 66: May 30

Trade 68: rest of day may see continued volatility with downward bias.

 

Buy 3 June 5000 Puts at Rs 202 (current premium) and protect profits after gain of Rs 10 per lot

 

 

Trade 66: Morning premium was above the purchase premium of Rs 97 but did not meet our target. Hence loss booked at Rs 90 per lot

 
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