Trade 8 closed.

Market opened with a big gap today much below our stoploss. We had to square off our trades at 4820 instead of 4905. As per my friend, October is the most volatile month of the year. It requires deep stoplosses. Lets see how this october turns out.


3rd October Short Nifty at 4820
4th October Stop Loss and long at 5031 (on close).

Please remember the setup will change its trend only on close above 5031.

For intraday trade views you can look at techtrendcapital@facebook

 

Trade Summary

 

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%
7.Short	4935	5035	27/09/2011	22/09/2011	100000	41.90%
8.Long	4935	4820	27/09/2011	03/10/2011	100000	36.20%