I have been travelling a bit and could not trade, just watched the moves sometimes. Nifty is in uptrend and the uptrend is still intact though it made a small downtrend channel. I will take trade as per plan on chart. If Nifty behaves otherwise, I will simply avoid. Strict SL of no more than 15-20 points. Thank you!
Trade closed: stop reached:
SL hit on long trade, will post next expiry analysis by Sunday. Thank you!