Nifty Futures Profit for 24th August 2009.
At 10:25 - 10:30 am, the price of Nifty Futures was around 4605 - 4615.
this is between R1(4589.89) and R2(4643).
So we above R2 and sell below Pivot.
Buy above R2 triggered at 11:55 am.
0.5% Target = 4666.215 (achieved). High was 4667.9
So total profit for today = 0.5% = 22 points.
Profit of 1000+ with one lot of Nifty.
Note that it was a quick reverse from 4667, so it is quite possible that many have not got chance to book profit or keep trailing stoploss.
At 10:25 - 10:30 am, the price of Nifty Futures was around 4605 - 4615.
this is between R1(4589.89) and R2(4643).
So we above R2 and sell below Pivot.
Buy above R2 triggered at 11:55 am.
0.5% Target = 4666.215 (achieved). High was 4667.9
So total profit for today = 0.5% = 22 points.
Profit of 1000+ with one lot of Nifty.
Note that it was a quick reverse from 4667, so it is quite possible that many have not got chance to book profit or keep trailing stoploss.