Tuesday, January 12, 2010

Nifty future tips followup

Nifty opened today at 5260 and went down and triggered the sell below price at 5234 and went down till 5226 and returned and triggered the Stop Loss
So 5234 to 5249=15x100=Rs.1500 Loss

Next, nifty triggered the buy above price and hit T1 and T2
So one lot from 5263 to 5273=10x50=Rs. 500
Second lot from 5263 to 5285=22x50=Rs.1100
Total=Rs. 1600 profit

Next, Nifty triggered the sell below price again and hit T1 and T2
so one lot from 5234 to 5221=13x50=Rs. 650
Second lot from 5234 to 5212=22x50=1100
Total=Rs. 1750 profit

So, Nett profit for today is 1750+1600-1500=Rs.1850

Nett profit for 12/01/2010 using the tips is Rs. 1850/-

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