Good Morning Folks!
SGX Nifty is up almost 18 points and Nifty is moving as per calculations.
We exited because even after 1.5 days the move was sluggish, Nifty was dancing around our entry level.
Profits so far are 107 points + 8 points yesterday = 115 points
Today this TD1 (=upward short wave) will end at 10:24 and we will short there. This TD1 retraced the previous TD2(= downward short wave), and the next TD2 will make a fresh new low below 9067 NS on Monday. Monday is also a turn date.
In other options, especially OTMs, premium will erode leading to loss. Thanks!