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Hold & carry positions until we do not advice exit.
Trade in February Contract
Lot Size: 3000 Shares
Span Margin: INR 68000/-
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3 thoughts on “Short Sell UNIONBANK Future at cmp 123”
Do average in Short Sell positions of UNIONBANK at CMP 137 FEB Future.
Now having 2 lots Sell Positions with average of 130,
Stop Loss will be updated below this Comment.
But remember to Exit from One Lot positions, once prices fall below 130 in any case.
Now Made a Low below 130 in NSE Cash Levels. 1 Lot which was short Sold yesterday above 137 closed (now) at 130 levels. Because of this, Holding original Short Sell positions given at 123 only.
Keep eye on this space for more updates about Union Bank.
*Special Remarks: We are able to book profits of 7pts; Because of Second lot’s average.
Therefore now costing is at 130 for UNIONBANK Short Sell positions.
Book Profit of 21000/- Per lot basis
Close positions at CMP 123 around levels.
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