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tikkuk
Nov 4, 2016 8:31 AM

Nifty : Initiated a short today at 8470 (Close before US result) Short

Nifty 50 IndexNSE

Description

Lets watch if the targets are achieved.
Will close NIFTY position a day before US election.
Will trail the stop loss on regular basis

Trade active

stop loss revised to 8450

Trade closed manually

booked PROFIT AT 8410 .. just because its a weekend ahead and as a policy I don't carry forward Nifty positions (if taken on Friday) fwd on weekend
Comments
ShanTrader
I agree. Also closed shorts at 8410 today just in time before the pullback. No risks for next week. Elections or no elections, the markets will always be there for traders !!! Have a good weekend.
tikkuk
Have a good weekend brother
tikkuk
It was a good decision to exit on Friday :-)
ShanTrader
Absolutely. I closed futures and bought calls and am in positive today as well. But trade light as markets will be there for ever....
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