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Trade Log 02-SEP-2011

Our daily news letter contained two trading recommendations for Friday


Resistance around 5065. Short there with stop loss of 5090 for targets 5040, 5020, 4995, 4970..


Let us see what happened....

Next recco was SBIN



SBIN is oversold in charts and due for a technical bounce.
Buy SBIN around 1960 with stop loss of 1944 for targets 2000, 2025, 2040.



Let us see what happened.

Look at the risk reward ratio in each trade. Small stop loss and big targets.


Lose small, WIN BIG


Once in a trade, targets are achieved within 2 hours. 


No sitting in front of terminal whole day,


Sniper trades. We take our money and we leave


Given above are the fundamental principles that our traders follow. 


Visit us at www.jerrytechnicals.com to know how you can also benefit from us.








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