Jain Irrigation Systems - Short Futures - Feb 2012
Options & Futures FREE Tips - Jain Irrigation Systems - Short Futures - Feb 2012 in Derivatives - Short Futures @ 101 This is my personal call ... I am going to go short on Jain Irrigation Systems ...
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Jain Irrigation Systems - Short Futures - Feb 2012

  1. Jain Irrigation Systems - Short Futures - Feb 2012

    Short Futures @ 101


    This is my personal call ... I am going to go short on Jain Irrigation Systems Today ....

    Jain Irrigation Futures is trading at 101 for Feb Expiry ... Lot size is 2000 Shares .... Margin required is 50,000 Rupees ...

    Logic: Jain Irrigation is a debt loaded company and its revenues and profits have dipped in the last 3 quarters ...

    Jain Irrigation Q3 2012 Results will be announced tomorrow (11th Feb 2012). We can expect the revenues and profits to dip again following the trend.

    The stock price is trading near 50 day EMA levels of 101.50 and one can expect the stock price to fall from here on bad results ...

    Holding Period: 2 days ... Go Short Today and one can expect the share price to fall on Monday (13th Feb)


  2. Advised Short @ 101 ... Its now @ 97 .... Profits of Rupees 8000 had u gone short for one lot in Futures ....

    Hold Positions till Monday at-least







  3. Set Stop Loss and Lock your profits ...

    Cheers!

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