This post content 4 trading calls, namely
NIFTY IT INDEX March Short Sell at CMP 10550
BOSCHLTD March Short Sell at CMP 16740
CENTURYTEX March Short Sell at CMP 443
TATAMOTORS March Short Sell at CMP 311
Each of above is in their last leg of on-going pull back. We expect them to make fresh low sooner or later.
STOP LOSS and TARGET for each one of them will be updated in comment box as usual.
Book Profits in “CENTURYTEX” March at cmp 415 or 28pts per lot basis
800 Lot Size * 28pts Profits = 22400 Profit per lot basis
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Book Profits in “NIFTYIT” March at cmp 10200 or 350pts per lot basis
45 Lot Size * 350pts Profits = 15750 Profit per lot basis
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FRESH POSITIONS:
NIFTYIT March Short Sell at cmp 10500 around levels
Hold positions until next Update.
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Book Profit from TATAMOTORS March at CMP 300 or 11pts Profit
1500 Lot Size X 11pts Profit per lot basis = 16500 Profit per lot basis
Though, it made low below 290 after our Short Sell but we could not closed that time.
Because of Monthly closing, we are exiting from above positions.
We maintain two types of Stop Loss,
First- Price wise
Second –Time wise
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Book LOSS from BOSCHLTD March at CMP 17100 or 340pts Loss
25 Lot Size X 340pts loss per lot basis = 9000 loss per lot basis
Because of Monthly closing, we are exiting from above positions.
We maintain two types of Stop Loss,
First- Price wise
Second –Time wise
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INTRDAY running basis Profit of 170pts from Freshly given positions in NIFTYIT Index.
170pts per lot x 45 lot size = 7650/- Profit per lot basis in Intrday only
If prefer, then close positions. Wait for Fresh Calls.
CMP 10330 MARCH Contract for NIFTYIT INDEX. SELL was given near 10500 levels Today afternoon.
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