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
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I have shifted the stoploss from 18250 to 17820 on a closing basis in daily time frame
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Shifting my trailing SL to 17625 in daily closing
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Has not closed above 17625 so still holding shorts
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Planning to close my shorts if either closing above 17625 in daily or reaching 16725 whichever comes first.
Trade closed: target reached
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CLOSED my shorts with 20% return via Options. will re-enter in pullback if possible.