1. Date 07-Aug-2012
2.Market - NSE Nifty Futures Contract
3.Amount committed - 2 Lots of Nifty Futures
4.Why did you do the trade
JNSAR(5220) and trailing stop loss between between 3 sma and 12 sma favors long.
5360 was the Symmetry target. 5344-5375-5385 was resistance.
5.Entry price- 5305
6.Risk - 25 points (bullish engulfing pattern)
7.Initial Target - Daily timeframe Resistance 5340/5375
8.Exit Price -
Exit 2 lot @ 5360
9.Analyze the trade -Target was achieved for 2 lots ..
10. Postmortem -This trade worked as planned.
1. Date 31-July-2012
2.Market - NSE Nifty Futures Contract
3.Amount committed - 2 Lots of Nifty Futures / (2 lot Position Added on Aug 3 ,2012)
4.Why did you do the trade
JNSAR(5170) and trailing stop loss between between 3 sma and 12 sma favours long. 5250/5300
was the target.
5.Entry price- 5164
6.Risk - 10 points (piercing pattern)
7.Initial Target - Daily timeframe Resistance 5250/5300
8.Exit Price -
Exit 1 lot @ 5240 /Exit 1 lot @ 5210 ( 2 Lots Still open)
9.Analyze the trade -
Target was acheived for 1 Lot @ 5240.
10. Postmortem -
This trade worked as planned.
