Trade 6 closed & trade 7 opened

What a day we had yesterday .... the markets range continues to hit our trades but fortunately we are almost making small profits or a small loss in each of them.

This is a characteristic of the market ... where a trend (rally or a fall) is followed by a rangebound market and only to be followed by a trend. Hope we see new TREND soon.

As we know, our Sl for the previous longs were at 5035 which was hit and now we are short at 5035. The SL for our shorts is 5174.

22nd September Short Nifty at 5035

23rd September Stop Loss and long at 5174 (on close).

Please remember the setup will change its trend only on close above 5174.

 

For intraday trade views you can look at techtrendcapital@facebook

 

Trade Summary till date

 

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%
6.Long	5040	5035	15/09/2011	22/09/2011	100000	36.90%