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 futures
Trade closed: stop reached:
shorts covered at 3197.1 ... 17 points loss....but tomorrow 80% chance of fall
Trade active:
purchased 3200 APR PE @51.... as my view is still intact
Trade closed: stop reached:
sold put at 16.1........................huge loss...........lesson learnt ....all technical fails when there is news...