Nifty Opened gap down but opened in-between the triggers. Later on, it triggered the sell below trigger of 5255 and went to a low of 5247 and then moved up and triggered the Stop Loss.
So 5255 to 5268 2 lots nifty =13x100=Rs. 1300 (Loss)
Next, nifty moved back down and triggered the sell below level again and hit T1 and T2.
5255 to 5241 one lot =14x50=Rs. 700
second lot stop loss moved to cost
5255 to 5233 second lot =22x50=Rs. 1100
So nett profit from second trade =Rs. 1800
Net profit for 19/01/2010 using nifty tips provided is Rs. 1800-Rs. 1300=Rs. 500 (using the suggested 2 lots of Nifty)
