Nifty opened at 4749 and then slowly moved up but was unable to sustain higher levels and then drifted down and triggered our sell below level and hit T1 and T2.
Nifty from 4722 to 4706 one lot=16x50=Rs. 800
Second lot stop loss moved to cost.
Nifty from 4722 to 4688 one lot=34x50=Rs. 1700
Total Profit=Rs. 2500
Nifty then moved up slowly and steadily and then triggered the buy above level and hit T1 and T2.
Nifty from 4766 to 4784 one lot=18x50=Rs. 900
Second lot stop loss moved to cost.
Nifty from 4766 to 4802 one lot=36x50=Rs. 1800
Total Profit=Rs. 2700
So net profit for 08/02/2010 using the nifty future tips provided is Rs. 2500+Rs. 2700=Rs. 5200/- (Using the recommended 2 lots of Nifty Futures)
