Monday, December 7, 2009

Followup of Indian Stock Tips for 6/12/2008

ABB buy got triggered due to news of it bagging an order but failed to reach any targets and hit Stop Loss.

So if anybody traded with the recommended 100 shares loss would have been 743-736=700

Reliance Sell Call got initiated at 1077 and Hit T1 and just narrowly missed T2 by 10 paisa.
So if anyone traded the call with recommended 100 shares and booked 50 shares at T1, profit would have been 11 x50=550 and since Reliance stayed below T1 and closed below T1 near T2, we can assume they would have booked the rest around 1058 range.

So rest 50 booked around 1058 short at 1077 =19 x50=950
950+550=1500 minus the loss of 700 from ABB=Nett Profit of 800 rs.

Make the most of the Indian Share tips posed in the interest of traders and investors worldwide.

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