I dont think, he will be in loss in this trade
may be he wont be able to make it in big profit also (or perhaps may be lol)
though it was not a bad trade @ 20, as said previously by me.
ed
just checked the price, LTP for sell 17.80 (-9.75), that means on 27.3 he was in good profit,
but anyway, he is likely to get good price in coming week itself, I feel