1 RCOM squared off at 246, loss of Rs 3 per share and per lot Rs 2100.
2 CAIRN could not initiate trade as selling price not achieved.
3 SUZLON could not initiate trade due to price spiked up early morning.
Total net profit Rs -2100.
Thursday, August 20, 2009
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1 comment:
Hello goa.buddy
The profit is on one lot only.
The capital required is dependent on the price of a scrip and quantity you buy. As for intraday trading brokers provide exposure ranging from 5 to 10 times, so even if you consider the exposure of 5 times then you can easily by stocks worth of Rs 50000 on your actual investment of Rs 10000.
To trade in futures the required margin differs from scrip to scrip so it is better to check with you broker.
All the best.
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