Trend Biased Hedged Strategy on Nifty Future...Created on 27th Dec 2016
As per Trend Analysis of 27th Dec 2016, NiftyFuture crossed Shortterm Hurdle 8010..(Jan Expiry) and is heading towards next Resistance of 8160.
With Initial Stoploss @ 8329, LongPosition initiated in NiftyFuture @ 8011 along with Long Position of 7900PE @ 77 in the ratio 1 Lot:1 Lot
With an Initial Risk of 110 Points in Nifty Future......If Market continues its upward journey,within Expiry Date Upon Target Hit we are expecting reward of 5400+ Profits per lot......
Stoploss Modified to 7986 for 28th Dec 2016...........Now Risk is 24 Points/Lot
Stoploss Remains same for 29th Dec 2016 @ 7986
Stoploss Trailed to 8046..........for 30th Dec2016
Target Hit on 30th Dec 2016.....Booked.More than 120 Point Profits Per Lot ...Net gain of 9000+ Per Lot