Friday, January 10, 2014

How we made profit in Nifty today

According to the Excella Trader day trading system you received levels as follows

Bullish point6201
Target6240
Bearish point6167
Target6128

Lets analysis what happened this morning

1. Nifty reached our bearish level at 6167 and we short Nifty . But as per the stop loss rule we put 15 points stop loss.
first position triggered a stop loss at 6182

Loss 15 points

2. Then Nifty reached the bullish point at 6201 and we entered in long position target was given at 6240
Achieved the target and we exited position 

Profit  39 points


Net Profit  39-15 =  24 points

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excellatrader.com

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