Nifty: Expecting Time Wise Correction
I am expecting time wise correction in between 19200-19540.
19100-19200 is a demand area
19540-19640 is a supply area
I may update my trades as I updated in my pervious post.
19100-19200 is a demand area
19540-19640 is a supply area
I may update my trades as I updated in my pervious post.
Nota
As I mentioned in my pervious post:-Holding Short Position in 19500 CE @ 95 with 10-15 point risk.
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Slightly worried because still follow through in pending in my favour ...Let's see
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Covered short position...It's time to buy
Took short position in 19500 PE @ 125
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Exited from Short in 19500 PE @ 102and made a short position in 19500 CE @ 95
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Now I am confident in my short positionNota
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Booked profit in 19500 CE @ 45...Took Short position in 19200 PE @ 33...
Because of
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Brake down conform...exit almost cost to cost and re-enter in short position in 19500 CENota
FinNifty 20100 CE @ 112..looking interesting with risk of 13 points...Nota
20100 CE @ 140 ...Done with First target
Lets see for the second target @ 180
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