On 4 - Oct, We anticipated Coal India Future for Short as per below -
"Sell Coal India Future @ nearby 307 with SL 315 for Target - 297 & then 287"
Today 8 - Oct, Coal India future price made a low of 296.10 and achieved the 1st Target given.
Total Profit - 10 Points * 1000 = Rs. 10,000/- on the 4th trading days.
We can see more weakness on the stock and price will slip more on downwards direction. So Suggest to adopt trail Stop Loss if anyone carried the position further.
"Sell Coal India Future @ nearby 307 with SL 315 for Target - 297 & then 287"
Today 8 - Oct, Coal India future price made a low of 296.10 and achieved the 1st Target given.
Total Profit - 10 Points * 1000 = Rs. 10,000/- on the 4th trading days.
We can see more weakness on the stock and price will slip more on downwards direction. So Suggest to adopt trail Stop Loss if anyone carried the position further.
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