Market Trend Lab

 We have given pair trade call for ALBK and ANDHRA BANK    for July future  on 27th June 2013 : Sell  Andhrabank (1 Lot) July future @73.55 Buy ALBK (2 lots) july future @88.95  we booked profit as : Albk (2 lots)July future  @92 (on 3rd July 2013) A gain bought ALBK (1 LOT) @90.55 (On 9th July 2013) Exit from ALBK (1 lOT) @83 (On 24th July 2013) Exit Andhra bank July future @74.85 (on 25th July 2013) Sell Andhra August future (Rollover)@75.60 (on 25th july 2013) Andhrabank August future closed @ 73.05 (on 26th July 2013) Booked profit :  INR 2100 (Note :  In this pair we applied rescue strategy to exit atleast cost to cost or with minimum loss... Because  Andhrabank has declared dividend of Rs.5/- and before declaring dividend andhrabank future was in discount of Rs. 4 to 5 as compared to its cash price and after declaring dividend cash price came down but future  price remain same. And because of ...