Nifty short on the breakdown of the trend line at 18000. Take puts against it fir April. Implied volatility of only 11 percent for April means a 300 point spread for a 1000 point downside.
Keep stop om retractement to above 18000
Keep stop om retractement to above 18000
Giao dịch đang hoạt động:
NIFTY could go to next logical level of 16800 if it breaks 17300 decisively. If short - stay short but dont add to shorts at this level as a rapid bounce back from 17200 levels cannot be denied
Giao dịch đang hoạt động:
Take off 50% at these levels and wait for 16800. If the market bounces back sharply then close off position
Bình luận:
Can take off this position fully - 17300 will be level to watch. Flat for now
Đóng lệnh: đạt mục tiêu:
That was a good trade. Now for possible bounce back to 17300-400 levels
Best advice ever - Cut your position size by half.
