ICICI Bank
In ICICI Bank our 1 target met in long and till date 2 targets have been met in shorts. If today we get 851- 855 then we will cover our shorts at this level. And we will initiate long positions in this counter from 851 to 840 with stop-loss @ 838 on closing basis for the targets of 853, 873, 904, 945, 991, 1026, 1049-1053, 1114
In ICICI Bank our 1 target met in long and till date 2 targets have been met in shorts. If today we get 851- 855 then we will cover our shorts at this level. And we will initiate long positions in this counter from 851 to 840 with stop-loss @ 838 on closing basis for the targets of 853, 873, 904, 945, 991, 1026, 1049-1053, 1114
Today (on 13/Aug/13) we have booked our short trades @ 853 which we took on 29/Jul/13 @ 928, (a net profit of Rs. 75 per lot) and reversed our position to long trades @ 853. In long trades our 1st target has been met today itself. Now we are trailing this trade with TSL @ 853 on closing basis.
ReplyDeleteOur Profits in short trade:
Shorted 3 Lots @ 928
Covered 1st Lot @ 904: Rs. 24 X 250 = 6000
Covered 2nd Lot @ 873: Rs. 55 X 250 = 13750
Covered 3rd Lot @ 853: Rs. 75 X 250 = 18750
A total profit of Rs. 38500