GauravSaini
Short

Reliance positional short trade

NSE:RELIANCE   RELIANCE INDS
Reliance cmp 916 Initiating positional shorts in reliance with stoploss above 934
Trgt 880 approx

all prices spot
trade instrument june futures

trade quantity will be less than usual because of lack of direction in index

positional trade carries huge overnight risk -
NOT for small traders with capital 1-2 lakhs .
Might not update trade in real time so please monitor your positions actively
Derivative trading is a high risk activity-loss of capital can be substantial -market shows no mercy -- so please do proper risk analysis before taking trade
Trade closed: stop reached: Stoploss triggeted in reliance short trade at 934 ; loss of 18 rs per lot

the short setup is still valid though but the risk reward on keeping the position open is not good and losses can be severe
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Get Help Ideas Published Followers Following Private Messages Chat Sign Out