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k314
Oct 17, 2017 6:26 AM

NIFTY short setup - Hunt with tRex Short

Nifty 50 IndexNSE

Description

Short Nifty below 10235

T1: 10195
T2: 10170
T3: 10150

SL: 10255

Trade active

Trade active

Made a low of 10212.60 so far.

Comment

Conservative traders can book partial profit at 10215

Trade closed: target reached

T1: 10195 achieved

Trail SL to cost

Trade active

Made a low of 10175.75 vert close to T2: 10170

Trade closed manually

Exited rest of the position at cost after booking Rs. 40 profit with just Rs 20 risk for partial position.

Nifty made a high of 10236 (near our entry point) but could not sustain to go above it. Still we exited at cost. We will look forward to better trading opportunities in Nifty.

Hunt called off manually!

Comment

Also missed T2: 10170 by almost Rs 5

Comment

Nifty after making a high of 10236 knocking us down at cost for rest of the position hit all our targets!

risked 20 for a reward of 85
Comments
bearishbull1968
it seems hunt has started :)
k314
@bearishbull1968, Yes sir! :D
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