7 December 2017



Nifty continued from where it left yesterday. The up move was halted at PDH. Went short at BOF below the master candle. Trade did not move as expected, squared off just above the PDH. Failed BOF gave opportunity to go long with a target of high of the master candle (1st) and 10150 (2nd). The momentum in the upward move gave confidence to hold the trade. TP at 10150. Breakout pull back (BPB) of the range high gave a long opportunity  at 10177. Mental stoploss was kept at any close of candle back in the range.  TPat BRN 10200.



Trade 1: -10 points
Trade 2: 24 points
Trade 3: 24 points
Profit: 38-5(brokerage)= 33 points = Rs. 2475
Start Up capital- Rs. 75,000
Margin for 1 lot: ~61000
Total Capital- Rs. 79,725
(for research and information purpose only, no tips will be provided)

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