Nifty Futures Intraday Trading Report August 17, 2011


A day which ended with me taking some profits off the markets. Initially, I shorted in between 5070 and 5080. Despite falling off to lower levels, the contract began scaling upwards and eventually touched my stop loss. I reversed the position and went long in between 5070 and 5080.

Squared off the profits in between 5120 and 5130. The third trade was a short from 5120. This trade, I squared off for 40 points.

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About Praveen Pious Francis
A part-time blogger who has a wide range of interests including investing in the stock markets across the globe and broadband technologies in India.

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