3rd Feb, Monday.
Initiated Short on NF at 6095 and booked part at 6072. Trailing Stop at 6070 hit on the second lot after a low of 6055. Ended trading for the day. Our sms server failed and we were able to send the Short trade only to a few who come on yahoo messenger.
Our score for the day: + 48 points (2 lots)
Our score for the Feb series: + 4 points
Jan 31 (Friday)
Having indicated on 30th Jan, that 6100 - 6120 on the Index is a strong resistance band, we exactly did the opposite of initiating a long trade on Nifty Futures at 6121 (near 6095 on spot) and were stopped out at 6098.7 (NF). By the time we realized range bound trade for the index, the up move from 6100 to 6120 was over. 30 point range day.
Our score: - 44 points (on 2 lots of NF traded).
Initiated Short on NF at 6095 and booked part at 6072. Trailing Stop at 6070 hit on the second lot after a low of 6055. Ended trading for the day. Our sms server failed and we were able to send the Short trade only to a few who come on yahoo messenger.
Our score for the day: + 48 points (2 lots)
Our score for the Feb series: + 4 points
Jan 31 (Friday)
Having indicated on 30th Jan, that 6100 - 6120 on the Index is a strong resistance band, we exactly did the opposite of initiating a long trade on Nifty Futures at 6121 (near 6095 on spot) and were stopped out at 6098.7 (NF). By the time we realized range bound trade for the index, the up move from 6100 to 6120 was over. 30 point range day.
Our score: - 44 points (on 2 lots of NF traded).
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