Trade 39 part profits booked

As per previous posts prediction nifty down in red with near steep fall down to 4988 about -26 points down ( day’s lowest so far) and nifty may 5100 put premium at day’s high ( a few minutes back around 2. 05 pm)

 

Profits on 3 lots ( booked at ) RS 178 ( with current premium at rs 178)- ( stop loss unlikely to have  been hit as no major reversal took place)

 

 

Total profits on 3 lots ( 178-134)*3*50- rs 300 brokerage= 6300

 

While profits on 3 lots to be held till may 14 at least ( unless there is further steep fall today- which is unlikely)

 

Trade 40: hold position till next few weeks

 

Note: On total of 8 lots booked profits and un-booked profits stands at  16 100 after brokerage ( in reality you would book all these profits with trailing stop loss in place to protect profits beyond a point). Our intent is also to show predictive power of our system  beyond intra day trade