We have taken position on NIFTY & BANK NIFTY , as per the levels derived we could trade in both direction and gain Rs. 5000/- Plus in day trading.
As per our calculator above our buy entry level was at 12467 with 12444 as stop loss. Based on above table from our Squarer 2012 calculator , when our buy entry level of 12467 got cut and sustaining up we took long position at three lots at 12471. Crossing our 1×1 target we moved the stop loss there and traded up. We squared our position at average price of 12512.
We made 45 points here, gained Rs. 3375/-
After touching high of 12535 Bank NIFTY came down crossed our Buy Entry point and further came down crossed our sell entry point of 12430 sustaining down we took three lots short position at average price of 12426 , crossing our 2×1 target we traded down , Bank Nifty touched 12393 and came back , seeing a trend change we squared our position at 12400.
We made 26 points here, gained Rs. 1950 /-