Tuesday, November 25, 2008

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.

 
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