Trade 0010 -2 STAR TRADE

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.