Trade 5 closed & trade 6 opened

Finally we come to an end of our 5th trade which ended up giving small profits. It was an action packed day and as expected the juice in the shorts got over. Now we are long with inital Stoploss at 4908.

15th September Long Nifty at 5040

16th September Stop Loss and short at 4908 (on close).

Please remember the setup will change its trend only on close below 4908 only.

 

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Trade	Buy	Sell	Buy Date	Sell Date	Capital Deployed	% Return (from 27th July)
1.Short	4922	5572	23/08/2011	27/07/2011	100000	32.50%
2.Long	4922	4865	23/08/2011	25/08/2011	100000	29.70%
3.Short	4920	4875	29/08/2011	25/08/2011	100000	27.40%
4.Long	4920	5078	29/08/2011	09/09/2011	100000	35.30%
5.Short	5040	5078	15/09/2011	09/09/2011	100000	37.20%