The markets have today breached the levels given earlier on 17th. Although the trade has been exactly as predicted, but i had expected the markets to rebound after touching the lower levels. Tomorrow if recovery comes, it will be huge...but again i am biased towards the downwards side?...weekly charts are indicating more downside.
Levels are given above....reliance would be breaking down below 2200 levels tomorrow, and if that happens....be ready to buy huge put positions.....
as of me...I am buying ATM PUT OPTIONS TOMORROW, with 20% stoploss.
i wont trade next 3 days if stoploss triggered.
Levels are given above....reliance would be breaking down below 2200 levels tomorrow, and if that happens....be ready to buy huge put positions.....
as of me...I am buying ATM PUT OPTIONS TOMORROW, with 20% stoploss.
i wont trade next 3 days if stoploss triggered.
Trade active:
Mighty lord..... unprecedented fall. Decent profits made. Still holding trades for 10600 levels...... stoploss is now trailed to 10900 levels
Order cancelled
