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freshtrader
Apr 9, 2020 6:30 AM

CONCOR - Short Short

CONTAINER CORPNSE

Description

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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