Losses booked: Prediction based trade 105: Indian market nov 25
Nifty call premium on 1 lot purchased at 91.5 rose with day;s highest premium at rs 130. we assume profits were booked at rs 115. however as no bounceback followed the correction and no stop loss was specified, loss on other 4 lots is taken at rs 30- the closing value of call premium.
hence total loss ( after brokerage of rs 2) is about rs 6600.