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GauravSaini
Apr 27, 2018 4:27 AM

Initiating shorts in Nifty  Short

Nifty 50 IndexNSE

Description

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

Trade closed manually

short nifty trade closed in profit at 10650 spot
Comments
GauravSaini
nifty moving below 10680 will be good for this short setup

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