BUY NIFTY SHORT TERM

AT CURRENT PRICE

STOP LOSS 11560 (VERY TIGHT)
TARGET 11660 - 11700

THIS IS HIGH RISK TRADE, WHICH I HAVE TRIED TO COMPENSATE WITH TIGHT STOP.

Trade closed: target reached:

Wow, didn't expect it blow like that.

If someone rode it, kudos to them. I got chicken and scrammed at 11588. I was using naked options to play this and with 1 day to expiry, I moved up my stop-loss.

Sometimes we should play for singles and that's lesson for me. Can't hit 4's every ball. Great innings are built and not slogged!

Comment:

Here a single would have been using the next week expiry or perhaps futures.

Anyhow, Tomorrow is another day.