WE HAVE GIVEN STRATEGY FOR
HINDALCO AND SAIL PAIR
ON 16TH MAY 2013 AS:
SELL HINDALCO FUTURE @108.70
BUY SAIL FUTURE @63.50
TODAY WE BOOKED PROFIT AS:
HINDALCO FUTURE @101
WE EXITED FROM SAIL
ON 29TH MAY 2013
WE EXITED FROM SAIL
ON 29TH MAY 2013
SAIL FUTURE @60
BOOKED PROFIT : INR 1400
For Steady Growth of Wealth
Note : Today We booked profit in HINDALCO Which was rollover to june series whereas exited from SAIL on 29th may 2013 itself as we applied rescue strategy for this pair specially (because of expiry near by and pair was in loss) .
Though such type of rescue strategy is not the style for pair trading. and it is applied in exceptional cases.
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