Nifty View - 13 Feb 2025
Nifty is forming a bearish trend after excellent support at 23000. It feels like Nifty is forming a bull trap at 23200 since the momentum has slowed.
Personally, how am I trading this trend:
Since today is Nifty expiry I'm carrying 21250 PE with entry at around 55.
Personally, how am I trading this trend:
Since today is Nifty expiry I'm carrying 21250 PE with entry at around 55.
Trade active
Holding 23250 PE until nifty hits 23210 (SL) or 23130 (TP)Trade closed manually
Booked most of the qty between 120-125.Note
Trailing SL at 77-80Note
Exited most at 130-137Note
Final target 155-160Note
Profit bookedNote
23250 PE momentum is falling.
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