PAIR TRADE CALL UPDATE : UNION_IDBI TARGET ACHIEVED WITH PROFIT OF 7900

UNION BANK @ 218.5 AND IDBI @100 

CURRENT RATIO : 2.18

CURRENT PROFIT : 7900/-

TARGET RATIO GIVEN:2.20--2.15 (ACHIEVED)

BRAVE HEART CAN BOOK FULL PROFIT NOW

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Now UNIONBANK @219.30 
AND IDBI @98.20

CURRENT RATIO : 2.24

CURRENT PROFIT : 3500

BRAVE HEART CAN STILL HOLD THE PAIR & 
other can book profit.
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Today (6th Nov 2012) morning PAIR TRADE STRATEGY given was:

SELL UNIONBANK FUTURE 1 LOT@221 AND

BUY IDBI FUTURE 1 LOT@97.30

Entry Ratio:2.27 & above

TRGT Ratio :2.20-2.15

S/L Ratio:2.40

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http://justbanknifty.blogspot.in/p/contact_19.html

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