Nifty has falled to a new days low of 4563. This is around 320 points profit from the original short point along with 2 3 EMA exits and re-entries which have generated another 120 odd points profit ... in total around 440 points profit in this short .....
I have booked profits in futures and have bought 4500 puts for 55 points (2x quantity of futures to get the same profit as futures). Will hold the puts now until i get a reversal signal on 315
Even if markets reverse from here ... i will lose only 55 points
Cheers
SH
I have booked profits in futures and have bought 4500 puts for 55 points (2x quantity of futures to get the same profit as futures). Will hold the puts now until i get a reversal signal on 315
Even if markets reverse from here ... i will lose only 55 points
Cheers
SH
Now 15 ema is nearly 4775.. So we have to add shorts or wait for fresh 315 signal..
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