short nifty

nifty taking a support at trendline, however, no bounce back is seen.
such a scenario indicates creation of new shorts in the system before market comes down further.
keep a watch

Comment:

suparrrrrr se bhi uparrrrr..... made above 70 % roe
traded the following
BUY----Nifty 18100 pe (400) @ 40
BUY--- Nifty 18200 CE(500) @ 35
SELL--- Nifty OCT Futures(400) @ 18150/-
Margins required were 2.2 lakhs
Profit--- 1.74 lakhs

Trade closed: target reached