during the last five days there was no change in the structure of the trade as the market was so narrow that even it did not hit the stop loss for last four days. Today we hit the stop loss at 10380 and we went long at that level but did not move up and at the End of the day the bnf moved below 10380 so we have to reverse to short again as it is the EOD reversal. So now again we have taken short position and carrying forward the same. The short transaction has resulted in Rs.29900 loss.

 

M.Sri Mahidar

Trend is Friend.