Stock update: Carana Bank Sell (Positional call) Profit update:

In my previous post we have advised to Sell Canara bank once Canara bank equity crosses the  395.98.Target we have provided the for sell is 386.09 Today it open at 401.5 and today Low was 386. So my target has been reached.

http://nseanalyst.blogspot.de/2015/04/stock-update-carana-bankpositional-call.html

Profit:

Canara bank Lot size is 1000.

Shorted the Canara bank future at 395.

Brought the canara bank future at 387.

Total profit:

395-387=8*1000

Profit is Rs 8000.

And we have also got Rs 9000 from Buy call as well on Wednesday(April 15).