Saturday, October 9, 2010

IDFC

Scrip Name: IDFC(NSE)

Trade Enter Date : 30/09/2010
Trade Exit Date : 4/10/2010

Pattern : Bought at the end of pullback after rally. Spinning Top seen.


Bought Call Option.

Lot Size: 2000.
Strike Price: 210.




Since it was entering into the last motive wave, the upward move didn't look strong. So I decided to close the position and took a decent profit.
Had I traded it a week or 10 days earlier, it would have been a far more profitable trade.
Still learning the tricks of the trade you see!

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