Monday, January 18, 2010

Follow up of tips provided for 18th January 2010

Nifty Opened below the sell below trigger so no trade was initiated. Nifty then moved above the buy above trigger and Hit T1 and T2.

Nifty from 5264 to 5276 one lot=12x50=Rs. 600
second lot stop loss moved to buy price
Nifty from 5264 to 5286 second lot=22x50=Rs. 1100

Then nifty moved up to a high of 5290 and then moved down to 5257 and again triggered buy at 5264 and went up till 5274 and closed at 5270, so we will consider it was booked at 5270

Nifty two lots from 5264 to 5270=6x100=Rs. 600

So nett profit for 18/01/2010 using the tips provided is Rs. 2300 (Using the suggested Two lots of Nifty)

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