Nifty opened gap down and traded down for quite some time and then suddenly spurted up sharply and went up to a high of 5074 and then drifted down and triggered our sell below level and hit T1 and closed at 5012.
So, Nifty from 5057 to 5034 one lot=23x50=Rs. 1150
Stop loss of second lot moved to sell price of 5057
Nifty moved up till 5055 and then closed at 5012 so we will consider closing the second lot at 5012
so 5057 to 5012 second lot =45x50= Rs. 2250
So net profit using the nifty tips provided for 22/01/2010 is Rs. 1150 + Rs. 2250 =Rs. 3400/-
