According to the Excella Trader day trading system you received levels as follows
Bullish point | 6201 |
Target | 6240 |
Bearish point | 6167 |
Target | 6128 |
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
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