svapnilchoksi

Nifty: Expecting Time Wise Correction

Short
svapnilchoksi Updated   
NSE:NIFTY   Nifty 50 Index
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.
Comment:
As I mentioned in my pervious post:-
Holding Short Position in 19500 CE @ 95 with 10-15 point risk.
Comment:
Slightly worried because still follow through in pending in my favour ...
Let's see
Comment:
Covered short position...
It's time to buy
Took short position in 19500 PE @ 125
Comment:
Exited from Short in 19500 PE @ 102
and made a short position in 19500 CE @ 95
Comment:
Now I am confident in my short position
Comment:
Comment:
Booked profit in 19500 CE @ 45...
Took Short position in 19200 PE @ 33...

Because of
Comment:
Brake down conform...exit almost cost to cost and re-enter in short position in 19500 CE
Comment:
FinNifty 20100 CE @ 112..looking interesting with risk of 13 points...
Comment:
20100 CE @ 140 ...
Done with First target
Lets see for the second target @ 180

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