Tuesday, November 29, 2005

A Trade for Today

Today a trade in Bogaigaon Ref. might prove profitable. The Scrip looks ready for a small upmove, which we are trying to preempt. The trade is as follows:

Long 1 Bong. Ref. Dec Call @ 2.65

Short 1 Bong. Ref. Dec Call @ 0.90

Our max risk/cost is Rs 3938

Our Max reward could be Rs 7312.

The Market Lot of Bong. Ref. is 2250

Bong. Ref. Close Price 73.9

All Prices Monday Close.

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