recently i am building short, yesterday- 4stock i sell RCOM,RPOWER,RELIANCE,CAIRN,- i sell them though they have up tendency-
my problem i cant play long/short. Yes one's psychology is most imp .
my reasoning on short- market showing exhausion as per my study.
global scenario weak.
last sudden fall -shown strong sucking volume in that price zone,so its distribution now.
no new trigger,- gst is already discounted in price.
-ive momentum start, i may not get a chance,so i initiated yesterday 50lot nifty short- with 8200 initial target.
personally i think INDIAN STORY IS INTACT,BANK-CEMENT/STEEL-POWER means things r ok. but american $ is going to be strong & a good amount of money shall go back to america,forex suggests that ,as well crude up showing its ugly head.
only GST pass ,should be fulfill my time target.