Bnf trades for 4th of August 2014, we have carried forwarded on short, today the market moved slowly down making new lows giving us an opportunity to shift SAR we shifted to SAR to 16102 and later in the day bnf moved above it prompting us to shift our position to long from short at 16102. so total profit made in short trade is 22 points. We carried forward long with SAR at the low of the day at 16097.
today ie. 5th of aug it opened on a positive note and in the mean time it formed a pivot low prompting us to shift our sar to 16070/-
M.Mahiidar
Enjoying Life
Trend is Friend.
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