*Performance as on DAY TWO*
*Futures & Options educational trades for the week 13.8.19 to 16.8.19*
The below trades are given for *educational* purposes and i am not responsible for any losses or profits.
Please note (a) best entry is taken on day 1 (b) the high/low achievement of the week is taken for calculating notional profits (c) sl on closing basis.
*FUTURES*
*Apollohosp* cmp 1350.50 buy upto 1321.00 stop 1303.00 target 1406.00+
Entry 1321 to 1448 (cmp 1366) *profit ₹ 63500*
*Bata* cmp 1433.25 buy upto 1392.00 stop 1374.00 target 1498.00+
Entry 1423 to 1458 (cmp 1450) *profit ₹ 19250*
*Gail* cmp 124.75 buy upto 119.80 stop 117.50 target 136.00
Entry 124.05 to 130.30 (cmp 127.00) *profit ₹ 33,340*
*Grasim* cmp 748.20 buy upto 726.00 stop 718.00 target 811.00+
Entry 726 stopped *loss ₹ 6400*
(Today high 746)
*Manappuram* cmp 123.90 buy upto 119.00 stop 117.40 target 132.00+
Entry 119 stopped
*loss ₹ 9600*
*Can reenter tomorrow (14.8.19) at opening with 115 stop target remains same*
Re-entered at 116 to 123 (cmp 121.70)
*profit ₹ 42,000*
*Mgl* cmp 781.20 buy upto 760.00 stop 748.00 target 845.00+
Entry 776 to 803 (cmp 788.50) *profit ₹ 10200*
*Voltas* cmp 603.15 buy upto 581.00 stop 568.00 target 651.00+
Entry 581.00 to 598.90 (cmp 593.50) *profit ₹ 17900*
Options
*IDFCbank* ce 44 cmp 1.30 buy upto 0.60 stop 0.30 target 4.00+
Entry 0.70 to 1.25 ( 1.15) *profit 6600*
*Tvsmotor* ce 390 cmp 13.25 buy upto 7.00 stop 3.00 target 24.00+
Entry 7.00 cmp 5.70
*Ultracem* ce 4400 cmp 79.20 buy upto 35.00 stop 20.00 target 148/250+
Entry 40 to 69.35 (cmp47.00) *profit 5870*
*Notional accruals as on day TWO ₹ 1,82,660*
*Sridhar Balakrishnan*
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