Wednesday, August 11, 2010

9500/- gain on TCS till now ..avoid placing stop loss now

call was short Aug futures below 880 .00 at every level ... for a target of 798 .00 posted on 5 Aug at 
http://dhanvarshagrp.blogspot.com/2010/08/tcs-short-aug-futures-below-880-00-at.html

In  2 Minutes 860 to 873.80
Volume in whole day ...1910,000
in two candles 845500 + 604500 = 1450,000  please see in chart
reason ....stoploss triggering of small investors
avoid placing  stop loss from now ........
TCS made low of 857 and closed at 859.00
gained 21 points on  our short call
lot size 500 x 21 = 9500

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