Daily Update - 17th August

We have given a call for short @ 5070 today morning.

Our target for booking 1st lot was 5025. However, the market bounced backed from 5030 and

we squared off our positions at 5065.

As per our anticipation, we feel SL will be eaten up today by operators and warned our fellow traders.

The market behaved the same way. First shorts were eaten up and then longs and ended almost flat.

The market is still in downtrend until close is above 5167.

Date	Entry Price	Exit Price	P/L	3 Lots	6 Lots
1-Aug	Buy @ 5527	5531	5	750	1500
1-Aug	Buy @ 5513	Hold
2-Aug	5513 Hold	5482	-31	-4650	-9300
9-Aug	Buy @ 5040	1st Lot 5090	50	2500	5000
9-Aug	5040	2nd Lot 5140	100	5000	10000
9-Aug	5040	3rd Lot 5045	5	250	500
9-Aug	Buy @ 5040	Hold
10-Aug	5040 Hold	1st Lot 5190	150	7500	15000
10-Aug	5040 Hold	2nd Lot 5140	100	5000	10000
10-Aug	5040 Hold	3rd Lot 5155	115	5750	11500
10-Aug	Sell @ 5155	Hold
11-Aug	5155 Hold	3 Lots @ 5150	5	750	1500
11-Aug	Buy @ 5150	1st Lot 5175	25	1250	2500
11-Aug	5150	2nd and 3rd Lot 5155	5	500	1000
16-Aug	Sell @ 5115	1st Lot 5090	25	1250	2500
16-Aug	5115	2nd Lot 5035	80	4000	8000
16-Aug	5115	3rd Lot 5015	100	5000	10000
16-Aug	Buy @ 5015	1st Lot 5040	25	1250	2500
16-Aug	5015	2nd Lot 5045	30	1500	3000
16-Aug	5015	3rd Lot 5045	30	1500	3000
17-Aug	Sell @ 5070	1st Lot 5065	5	250	500
17-Aug	5070	2nd Lot 5065	5	250	500
17-Aug	5070	3rd Lot 5065	5	250	500
			Total	39850	79700