Sunil,
where is the ambiguity?Let us take fisrt short position:
1.Entry:3956 Exit:3856: Profit:100
2.Entry:3956 Exit:3882 Profit:74
Average per lot=(100+74)/2=87. Gross:174.
where is the ambiguity?Let us take fisrt short position:
1.Entry:3956 Exit:3856: Profit:100
2.Entry:3956 Exit:3882 Profit:74
Average per lot=(100+74)/2=87. Gross:174.
I think the confusion has arisen because the Nifty lot size is 50 (not 100).If you go by POINTSWISE profit he is correct , MONEYWISE your are correct.
100 point profit by one lot NIFTY is 5000/- only.
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