* Continuing with yesterdays short position.
* Added one more short position. For some wild unknown reason the nifty jan/feb fut trade was not getting executed. In fear of missing opportunity i took deep ITM put option.Tomorrow i am thinking of exiting from option and take short position in futures.
* Stop loss for new short signal is at break even.
* Ignoring the buy signal yesterday turned to be a good decision.
* In daily charts, Nifty is at a diagonal support. If it breaks out tomorrow then i will continue with these two trades. If that fails and strong rally appears then i will exit from all and sit quietly. I will wait for price to break out form contracting triangle (Refer "market outlook" post for that).
Trade details :
* Added one more short position. For some wild unknown reason the nifty jan/feb fut trade was not getting executed. In fear of missing opportunity i took deep ITM put option.Tomorrow i am thinking of exiting from option and take short position in futures.
* Stop loss for new short signal is at break even.
* Ignoring the buy signal yesterday turned to be a good decision.
* In daily charts, Nifty is at a diagonal support. If it breaks out tomorrow then i will continue with these two trades. If that fails and strong rally appears then i will exit from all and sit quietly. I will wait for price to break out form contracting triangle (Refer "market outlook" post for that).
Trade details :
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