In today's session SBI Apr Futures opened at 198.45 and it made a day high of 199.3, which makes me sure that all could at least exit near 198.
Time to calculate profit. We bought this lot of SBI Apr Futures at 190 ( check my recommendation here) and sold it at 198.
Profit from one lot of 2000 shares costing Rs 75000/- is (198-190= 8)X2000 = Rs 16000/- This trade has given Return on Investment as 16000/75000X100 = 21.3% in 4 trading sessions.
For the moment let us wait and watch how things pan out in the markets. Today derivatives March expiry trades have been executed and tomorrow will be a fresh start with April contracts.
Tomorrow we will not enter trade. But if SBI Apr Futures is available at 186/188, then we should go ahead and buy it.