vyas1394

Nifty pull back to sell

Short
NSE:NIFTY   Nifty 50 Index
NSE:NIFTY
nifty gave a pullback after H&S breakdown.
sold 16250ce at a good price and bought small qty of ATM puts as well.
forming evening star formation in 5mins after pullback.
very good area to short with small SL
Comment: 80 is the SL for 16250ce sell
entry at 56
Comment: exiting with loss. Not planning to carryforward positions
exit price 65 (16250ce)
Comment: escaped hiiting SL by exiting early.
If not comfortable with a position exit early.

Comments

bro regularly post daala kro bhaii...btw is there any way to contact u??
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whenever the RETAIL GUY sells, the SHARKS BUY. YOU ARE BOUND TO LOSE MONEY unless you are with the BIG GUYS. yes, to destroy BIG GUYS you need to be a large group of REDITTERS WHO CAN PUMP N MONEY WITHOUT fear.

that IS NOT GOING TO HAPPEN IN INDIA, ever.
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vyas1394 BharadwajBharaata
@BharadwajBharaata, its all about maintaining risk to reward and get rewarded from few trades and then becomes profitable on a weekly or monthly basis. every day will not end in green.
yeah we cannot play game stop here
hehe
but my 37300ce 34200 pe strangle is working well on a weekly positional basis. so i can end the week in green hopefully
+1 Reply
same analysis i did too 😀
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vyas1394 SnehJain
@SnehJain, hehe. but bank nifty showing strength. hopefull selling will happen in banknifty at R1
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