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Monday, 3 June 2013

L&T Update

L&T Update

Today we have squared off our last lot in L&T @ 1385, which we shorted on 20th May13 @ 1636.
Our account in this trade is as follows:
Shorted 2lots @ 1636
Coverd 1st Lot @ 1478 on 23rdMay13     1636 - 1478 = 158 X 250 (1Lot) = 39500 
Covered 2nd Lot @ 1385 on 3rdJune13    1636- 1385 = 251 X 250 (1Lot) = 62750
                                                                                                  _________
                                                                                                 1,02,250 Profit

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