TCS has printed a bearish pinbar around its resistance of 3180 ..... so i will look to short tomorrow......but this trade is very high risk as tomorrow is the earnings announcement date after market hours..... but reward will also be high if it goes in your favour ....as per my view if 3100 broken it may move below 3000 also."DARRR KE AAGE JEET HAI" ;)
Trade active
Shorted at 3180 in futuresTrade closed: stop reached
shorts covered at 3197.1 ... 17 points loss....but tomorrow 80% chance of fallTrade active
purchased 3200 APR PE @51.... as my view is still intactTrade closed: stop reached
sold put at 16.1........................huge loss...........lesson learnt ....all technical fails when there is news...
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.