freshtrader

CONCOR - Short

Short
freshtrader Updated   
NSE:CONCOR   CONTAINER CORP
in 5m chart, Today is clear umbrella , only green candles but delivery is only 42%. Growing from 3 days, Hence shorted at 373/- Lets see.


I am not recommending to follow the idea. Please do your research before trading.
Trade active:
Shorted at 373/-
Comment:
Learning: Always stick to your initial plan, Actually reduced short 378 to 373 after 30mins of wait.

No matter what, you get to trade or not, stick to the first thought.
Comment:
Delivery percentage dropped from 42% to 39% ... hoping a drop at the end. Fingers crossed.
Comment:
Call 400 Open Interest in building up strong. Hence keeping 400 as stoploss and still holding.
Trade closed: stop reached:
Today Placed Stoploss @ buy price and Hit stop loss.

Exited without profit. Surely it did not go as expected.
Comment:
The Operators played damn good game. Taken the price close to 400/- and sold as many 400 CE possible and pushed down. Need to identify these signals from next onwards.
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