Ranjethkumar

Nifty Bearish

Short
NSE:NIFTY   Nifty 50 Index
Nifty never closed below this trendline in daily candle since covid. Now shorted the index with the stoploss mentioned in the chart (daily closing). Let's see
Comment: I have shifted the stoploss from 18250 to 17820 on a closing basis in daily time frame
Comment: Shifting my trailing SL to 17625 in daily closing
Comment: Has not closed above 17625 so still holding shorts
Comment: Planning to close my shorts if either closing above 17625 in daily or reaching 16725 whichever comes first.
Trade closed: target reached: CLOSED my shorts with 20% return via Options. will re-enter in pullback if possible.