Friday, January 21, 2011

OrchidChem - Lot size 2000 - Margin 1,52,000 (CMP 319)

Nice WW on this hourly chart Orchid Chem indicating downside targets of  230-220 or so.


Booked out of ORCHIDCHEM @ 218 (Feb Futures) - Shorted @ 223
Profit per lot = 5 x 2000 = 10000 (ex. brokerage)
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