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PAIR TRADE CALL UPDATE: PNB AND ALBK


WE HAVE GIVEN STRATEGY FOR
PNB AND ALBK BANK
ON 14TH MAY 2013 AS:

SELL PNB FUTURE @773
BUY ALBK FUTURE @123

TODAY  WE BOOKED PROFIT AS:
PNB FUTURE @770
ALBK FUTURE @123.3 

BOOKED PROFIT : INR 2100

Note : Today We exited in ALBK in the morning itself and exited from pnb at the end of  the session as we applied rescue strategy for this pair specially (because of expiry near by and pair was in huge loss after entry and today it recovered all losses) . 

Though such type of rescue strategy is not the style for pair trading. and it is applied in exceptional cases.
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For Steady Growth of Wealth

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