Description
⋅ Positional Trades:
Short below 245 for 240, 238.5, 235 with SL at 250
Aggressive traders may want to initiate short at 248.5 !
Below 238 would be an ideal point for buying OTM August expiry call option.
Comment
⋅ No trades triggered today so far, the idea is good for tomorrow
Comment
⋅ idea good for tomorrow if market continues to correct
Comment
⋅ large bearish engulf candle makes it a good trade to take!
Trade active
⋅ Trade closed: target reached
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