NIFTY cmp 10695 -initiating shorts in nifty
Targets ----10625 and lower
Stoploss -depending on developing price action
1 a high risk countertrend trade-----NOT for small traders
2 No stoploss given it will be decided by developing price action -----thus risk increases considerably
3 this trade might involve adding positions at various levels so actual cost might be different .
4 Do Not take this trade if you are away from market/not able to monitor in real time.
5 derivative trading is a high risk activity please calculate carefully the risk before entering trade
all levels are spot
Targets ----10625 and lower
Stoploss -depending on developing price action
1 a high risk countertrend trade-----NOT for small traders
2 No stoploss given it will be decided by developing price action -----thus risk increases considerably
3 this trade might involve adding positions at various levels so actual cost might be different .
4 Do Not take this trade if you are away from market/not able to monitor in real time.
5 derivative trading is a high risk activity please calculate carefully the risk before entering trade
all levels are spot
Trade closed manually:
short nifty trade closed in profit at 10650 spot