Tarun,
Great Trades!!!!!
One more thing you could have done is this :
15 lots bot at an avg price of 126/-.
Profit at cmp of 176/- per lot = 50 rs.
So sq off 10 lots and u get 11x50=550 (x50 per lot) as profit.
Balance 5 lots have cost you 4x126=504 (x50 per lot) which is now adjusted in the profit of the 11 lots.
Means these 4 lots are FOC. Keep holding them with a DEEP SL of say 135 (todays open price) and keep on riding the highs.
Why this setup? Becuse Nifty has just broken new Highs of 2009 and another smart rally is in the offing thereby increase chances of more profits.
Hope my logic is good.
Great Trades!!!!!
One more thing you could have done is this :
15 lots bot at an avg price of 126/-.
Profit at cmp of 176/- per lot = 50 rs.
So sq off 10 lots and u get 11x50=550 (x50 per lot) as profit.
Balance 5 lots have cost you 4x126=504 (x50 per lot) which is now adjusted in the profit of the 11 lots.
Means these 4 lots are FOC. Keep holding them with a DEEP SL of say 135 (todays open price) and keep on riding the highs.
Why this setup? Becuse Nifty has just broken new Highs of 2009 and another smart rally is in the offing thereby increase chances of more profits.
Hope my logic is good.
Savant: some update about ur 4700 call:
had bought 500 @ 145
another 500 @ 135
another 500 @ 98
Today squared off entire qty @ 176 n made 75K. My biggest profit ever.
:thanx:
:beer:
had bought 500 @ 145
another 500 @ 135
another 500 @ 98
Today squared off entire qty @ 176 n made 75K. My biggest profit ever.
:thanx:
:beer: