Wednesday, January 6, 2010

Follow up of nifty future tips for 06/01/2010

Nifty Opened gap up above the buy above trigger price so no trade was initiated. However, it went below and then again moved up above the trigger price and went down to trigger the stop loss two times today during trade.

It was unfortunate, but these kinds of trades do happen at times when markets trade in a very narrow range like for the past month and a half the nifty has been only moving within an approximate 250 point range.

So today's nett loss for both the stop loss triggered trades comes to Rs. 3200.
5295 to 5279 =16x 100 =1600 x2=Rs. 3200

Nett Loss using the nifty tips provided today is Rs. 3200.

I will be going on tour from today and be back by the weekend, however, i will try my maximum to post the levels, just in case I am unable, please excuse me for the same, i will continue in earnest once I am back.

Ciao!!!!!

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