Again planning to short with NIFTY futures as the technical charts show massive weakness. My stop loss for shorts will be 17270+ and my target is 16884.
Trade active:
Entered shorts at 17152.15
Comment:
In options, going short with 17300 CE(Monthly) at 103 and 17800(CE) long(hedge) at 11.45
Comment:
Low Risk Stop loss is at 17219.5 (But it's highly vulnerable.)
Comment:
Nifty making wild swings, holding short with tight SL (17219.5). On SL hit I will exit from shorts.
Trade closed manually:
Exiting my short position at loss. cmp 17191
