Prediction based Trade 81:June 26-27 Profit booked

Refer to June 26 trade- purchase of 11 July 4200 put options at average price of Rs 171.5

 

Nifty down 172 points with last traded premium  of 242. The fall has been steep since morning with only marginal riseform day’s low so far ( 11.17 am).

 

We assume trailing stop loss hit at Rs 232

 

Profit from Trade 81 after Rs  4 brokerage per lot  is

 

(232-171.5)*11*50- 2200 ( brokerage) =Rs 31075.

 

 

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