We have had our SAR at 15500, so SAR works out to 15477( considering a filter of 23). the market moved below it and we reversed our position to short. whole during the day the market did not move any where and closed at 15501 which was above our SAR  which triggered short(15500). So we have to go long again the the end of the Day with SAR at the low of the day.

Positions carried - Long in with SAR at 15450

Status of profit or loss.

Long Position - Made a profit of 434 points and loss on short position - 23 Points.

This is know as EOD reversal:- We reverse our positions to short in SAR being triggered. But at EOD market move above the point which triggered our short and closes above it, so at the end of the DAY we reverse out position to LONG. this is applied because the bears have failed to take the market below and have been successful in taking the market above the point which triggered our short. This is taken only on day on which fresh position is taken not on other day.

M.Mahiidar

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Trend is Friend.