Watch how we did this. Here is the screen shop for the calls that we made to our customers today morning. According to this Nifty buy could be only done at the level above 6054.
Watch the possible opening range scenario. We clearly indicated an opening withing the range of 5989-6026 can trigger a sell in Nifty. Check first 10 minutes of the trade. Nifty traded exactly in our bearish range.
We put two selling calls . One below 6021. Traders got enough chance to sell below this levels.We sold at 5990. Look at our second entry level ie 5940. It is equal to our expected low level. So we put trailing stop loss at this level . This trailing stop triggered at 5940 and we got a profit of 50 points. Nifty again fell into our second sell point. ie 5940. We put a stop loss at 25 points as the volatility is above 1.6 , we used to increase the stop loss from 15 to 25. We exited Nifty at 5910 towards the market closing and we again could make a gain of 30 points.
Total gain of today : 80 points
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