Break out traders made good gains!!

Break out traders could make 40 points in friday's trade. After gap up opening Index first made small range and it had broken to upside. Towards noon market came back to earlier range and broke down wards. Good trading day for break out traders. We were not in these trades last day, instead we could able to find an exact resistance point of nifty futures at 5175 level.  We short nifty at that level and made 30 gain in short position. Market fell more. But as a discipline we kept away from further trade. We were able to make good  profit in 2 consecutive weeks.