My Strategy is simple.......i trade with 5 lot of nifty...... Booking profit as suggested by Gann......IF SL hit (No SL hit on this week) i again put the value of next 5 min closing candle to calculator & get the updated value.....& trade as per value.....I am also look for Daily pivot & support + Resistance. Also i always Gann buy value+2 point like today i have 5 lot at 5007 with 4999 SL as per pivot.....Till today i have book 108 point with 4 lot holding 1 lot with TSL 5432
So you put LTP or VWAP at that time?