NIFTY50 - TIME FOR A SHORT TRADE?

Symbol - NIFTY50

NIFTY50 is currently trading at 25905

I'm seeing a trading opportunity on sell side.

Shorting NIFTY50 Futures at CMP 25905

I will be adding more position if 26100 comes & will hold with SL 26230

Targets I'm expecting are 25370 - 25010 & below.

Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!

Trade active

CMP 25934

Trade active.

Trade active

CMP 26070

Adding more position here.
Avg sell price now is 25988

Trade active

CMP 26230

Nifty is up 225 points but NIFTY OCT FUT is up only 187 points.
Although My SL is reached in Nifty spot but not in Nifty Fut.
My position is active. If tomorrow any gap up happens & My SL hits, My position will be exited.

Trade active

Trading completely sideways below my SL level.
Holding with updated SL 26350

Trade active

CMP 25980

Move started!

Trade active

CMP 25800

188 points in profit.
Holding with 26000 as SL.

Trade active

CMP 25740

248 points in profit. Holding with CTC SL now.

Trade active

Today opening at 25452

536 points in profit. Holding.

Trade closed: target reached

CMP 25268

First target hit. 720 points in profit.

Trade closed: target reached

CMP 25010

Second target hit. 978 points in profit.

Trade closed: target reached

CMP 24728

All targets hit. 1260 points in profit. Booking all short positions here.

akshit_official

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Disclaimer

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akshit_official

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