AMGO_Markets

NIFTY EOD 16.10.2020

NSE:NIFTY   Nifty 50 Index
I have committed mistake of overlooking one in between support on daily time frame. Today, as the open was above 11728,I have booked loss in overnight hedged shorts. Loss was 0.4% of the capital deployed.

Presently, I am clueless as far as direction is concerned, only sure about the range of 11905 and 11629 for near term.

Was not really up to the standard of mine... otherwise I should not have taken fresh shorts after having good profit. But that's the way it is..

Lesson learned is also good.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.