Wednesday, April 08, 2009

when to book profit? Trade 3- "30 Profitable Trades" Prediction series April 6 and beyond Indian market market




Trade 3 today would have given a maximum profit on 20 call options of over Rs 1.17L (higest premium Rs 222 ) as opposed to just Rs 5k because of profit booking level set.see chart above.


Even though index did not hit a low ( or anywhere near low) between 12- 1 pm market rose sharply in afternoon from morning lows.


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