Yes I agree, but I averaged out the 6000 CE by buying when it comes down....and today again I bought some lots of this 6000 CE at 25/-
So my net average price is 45/- now! :thumb: and my
revised profit-booking target is 90/- !
DOUBLING...now I guess 90/- is possible maybe!
I have hedged the 6000 CE against SHORTING lots of Cairn(Fut) right down to 298/- so the risk is somewhat taken care of :thumb: