Tuesday, January 31, 2012

SBIN - Trade small quantities or do paper trade


Buy at / above: 2047.56   Targets: 2057.86 - 2069.21 - 2080.59 - 2092.01
Stoploss : 2036.26
Sell at / below: 2036.26   Targets: 2026.01 - 2014.77 - 2003.56 - 1992.38
Stoploss : 2047.56

Update:

  • 7:45 PM
    • Long hit 1st target in the morning. Profit 10 points.
    • Short hit 1st target. 10 points profit.
    • Long later made high 2055 and hit SL. 10 points loss.
    • Short again hit first target 10 points profit.
    • Long hit 2nd target finally and profit 20 points.
  • Total profit: 40 points; Total trades: 5

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