Nifty Futures Profit for 15th April 2011.
Elliot Wave Method
As per the elliot wave method, below calls were generated.
Go Short at / below 5947.6. Stoploss at 5953.54. Target 1 is 5825.88.
Go Short at / below 5901.11. Stoploss at 5953.54. Target 2 is 5805.4.
As per the above recommendation, short triggered at 5901. Target 5825 achieved. Low made was 5820.
So profit = 5901-5825 = 76 points.
Profit of 3500+ with one lot of Nifty
Elliot Wave Method
As per the elliot wave method, below calls were generated.
Go Short at / below 5947.6. Stoploss at 5953.54. Target 1 is 5825.88.
Go Short at / below 5901.11. Stoploss at 5953.54. Target 2 is 5805.4.
As per the above recommendation, short triggered at 5901. Target 5825 achieved. Low made was 5820.
So profit = 5901-5825 = 76 points.
Profit of 3500+ with one lot of Nifty