CAT 2024 Slot 1 DILR Question 4: What would have been the percentage wealth gain for a trader, who bought equal numbers of all bullish shares at opening price and sold them at their day’s high?

Question

What would have been the percentage wealth gain for a trader, who bought equal numbers of all bullish shares at opening price and sold them at their day’s high?

Accepted Answer

Stage 1: Extract the candlestick values. For each share, the wick gives the day’s high and low, while the body gives the opening and closing prices. Red shares are bearish and green shares are bullish.

ShareDay’s lowOpeningClosingDay’s highType
A1200220018002400Bearish
B1400200017002000Bearish
C800