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
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80 is the SL for 16250ce sell entry at 56
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exiting with loss. Not planning to carryforward positions exit price 65 (16250ce)
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escaped hiiting SL by exiting early. If not comfortable with a position exit early.
bro regularly post daala kro bhaii...btw is there any way to contact u??
BharadwajBharaata
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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.
vyas1394
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@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
SnehJain
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same analysis i did too 😀
vyas1394
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@SnehJain, hehe. but bank nifty showing strength. hopefull selling will happen in banknifty at R1