we carried foward one long from thursday and on friday the bnf opened on strong note but later in the day it weakned and moved below our SAR prompting us to go short(closing our long) position bnf was fluctuating in the range only and made a new days low prompting us to lower or SAR to 16125.

At close we carried forward one short with SAR at 16125. We have made a loss of 23 Points in our long trade which was closed on friday.

You might be wondering how to indentify the pivot low and Pivot high and when SAR has to be shifted. i would from tuesday onwards would explain the same and if any clarification is required you might put a message which i would be happy to clarify.

M.Mahiidar

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