Opto Circuits 30 day average was 270. - http://www.moneycontrol.com/india/s...alsmedical-services/opto-circuits-india/OCI01
I shorted 1 lot of 1000 shares @286.
But it kept going higher. So, to average out I shorted one more lot of 1000 shares @306. Right now, I am stuck with 2000 Opto Circuits at an average of 296, with a huge loss
My Futures expiry is on 30th September... Can I expect to recover in time? The market keeps going up like a rocket. Today, it has crossed 19500 on Sensex and 5850 on Nifty... Will there be a correction any time soon?
I shorted 1 lot of 1000 shares @286.
But it kept going higher. So, to average out I shorted one more lot of 1000 shares @306. Right now, I am stuck with 2000 Opto Circuits at an average of 296, with a huge loss
My Futures expiry is on 30th September... Can I expect to recover in time? The market keeps going up like a rocket. Today, it has crossed 19500 on Sensex and 5850 on Nifty... Will there be a correction any time soon?