Target 12300 and above.
Target all the way back to new highs.
Just buying the dip with 45 point stop-loss.
Trading with the prevailing trend and I am ready to lose small for higher reward.
Or let it hit the stop-loss and go down further for the sake of NMDC & GAIL . :)
Nifty Stop-loss hit in the opening but waited for 5 min candle to break low. Which didn't broke it. But now exiting the trade at cost 12020.
Which is not a good practice but in the event like this one can try. Not Everytime.
Dabur exited at 550. SL.
Not playing with Stops
I was risking it to get in index longs with it's prevailing trend. Because I'm already having a few shorts in stocks, so I was risking a little to add some longs in index with the primary trend. But you are right in times like these options are best because of high volatility.