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BEARISH ENGULFING IN BANKNIFTY

NSE:BANKNIFTY   Nifty Bank Index
BEARISH ENGULFING IN BANKNIFTY
SHORT TRADE IN BANKNIFTY
BUY PUT OPTIONS OR SHORT THE FUTURES
LEVELS GIVEN AS PER CASH MARKET RATES
PLEASE ADJUST ACCORDINGLY IN FUTURES
SHORT@27825
STOP@27960
TARGET@27625
LOT:40
QTY:5
Trade closed: target reached
Trade active:
NEW TRADE IN BANKNIFTY POSSIBLE
SHORT@27615
STOP@276670
TARGET@27450
QTY:5
PLEASE NOTE LEVELS ARE ACCORDING TO CASH LEVELS ADJUST ACCORDINGLY TO FUTURES RATE OR IN OPTIONS MARKET
LETS USE HALF OF YOUR PROFIT OF 40,000(40*5*200) AS A STOPLOSS
Trade closed manually:
please exit
Comment:
BAD DECISION SHOULD HAVE BEEN SHORT FOR A LONGER TIME FRAME
ANYWAYS AS A TRADER SHOWING EMOTIONS IS NOT A GOOD THING
IF ANY ONE IS HOLDING ON TO SHORT POSITIONS PLEASE HOLD IT WE CAN SEE LEVELS
OF 27420

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