MCX Calls for 12-13 Sep 2007

B

bullsnbear

New Member
#1
#1
1.> Buy Silver (Dec Expiry) in 17450 - 17500 range and lower if possible
Target: 18000
Time Limit: 2-3 weeks if not earlier (few days) :)

The post may get posted "late" due to moderator rules.

I wish i could give you guys this news online. :(
 
B

bullsnbear

New Member
#6
#6
Total Profits booked:

1.> Buy 17475; Sell 17850 --> 375*30kg (lot)= Rs. 11250 -250 (commision) = Rs 11000; Margin = Rs.17850*30kg lot*5% = Rs.26775

2.> Buy 17650; Sell 17900 --> 350*30kg (lot)= Rs. 10550 - 250 (commision) = Rs 10250; Margin = Rs.17900*30kg lot*5% = Rs.26850

Net Margin Paid = Rs. 53625 = Rs.55000 (approx.)
Net Profits(commision paid) = Rs. 21250= Rs. 21000 (approx.)

Net Profit% = (21000/55000)*100 = 38% (profit in less than a week)

Happy Trading!
 
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