As we saw Nifty hit our trailing stoploss today and closed well below it ... So now we have entered into a short position in Nifty and expect it to go down from here . The stop loss for our shorts is 5175.
9th September Short Nifty at 5078
12th September Stop Loss and long at 5175 (on close).
Please remember the setup will change its trend only on close above 5175.
For intraday trade views you can look at techtrendcapital@facebook
Trade | Buy | Sell | Buy Date | Sell Date | Capital Deployed | % Return (from 27th July) |
1.Short | 4922 | 5572 | 23/08/2011 | 27/07/2011 | 100000 | 32.5% |
2.Long | 4922 | 4865 | 23/08/2011 | 25/08/2011 | 100000 | 29.7% |
3.Short | 4920 | 4875 | 29/08/2011 | 25/08/2011 | 100000 | 27.4% |
4.Long | 4920 | 5078 | 29/08/2011 | 09/09/2011 | 100000 | 35.3% |
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