Wednesday, January 20, 2010

Followup of Nifty Tips for 20/01/2010

Today, nifty opened at 5232 and went above our buy above trigger and then went up to 5247 but then drifted down and triggered the Stop Loss.

5239 to 5220 =19x100(2 lots)=Rs. 1900 (Loss)

Again, nifty drifted down and then triggered the sell below level and went to a low of 5295 and then moved back up sharply from there and triggered the Stop Loss

so 5203 to 5220=17x100 (2 Lots)=Rs. 1700 (Loss)

So, Nett Loss for today trading using the tips provided is Rs. 1900 +Rs. 1700=Rs. 3600. (Using the suggested 2 Lots of Nifty)

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