syam-mohan-vs

Buy NIFTY18SEP11800PE

Short
NSE:NIFTY   Nifty 50 Index
Signals are generated using a proprietary indicator developed by me using Tradingview Pine Script (and in.tradingview.com/s...kari-NTS-V1-0-Study/).
Trade active:
Bought NIFTY18SEP11800PE at 169.3
Comment:
Market is in the red which is good for our put option. Holding with Rs.577 profit.
Comment:
Ending the day with Rs.22.5 loss. Still holding NIFTY18SEP11800PE as the green exit line was never hit in today's session. This is a swing trading system with avg 5 day holding period. But there is no big overnight gap risks since we are trading with options that limit our losses to the option premium amount.
Comment:
Still holding NIFTY18SEP11800PE with Rs.397.5 loss. Reversal to long only if Nifty moves up and hits 11735.35.
Comment:
At the end of session still holding NIFTY18SEP11800PE with Rs.63.75 profit.
Trade closed manually:
Trade closed as market opened above the green line of the day. I booked a small Rs.1372 loss on this trade.

Syam @ T7 - Makes Life Easier.

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