TradingView
syam-mohan-vs
Sep 17, 2018 7:12 AM

BUY NIFTY18SEP11600PE Short

Nifty 50 IndexNSE

Description

Signals are generated using a proprietary indicator developed by me using Tradingview Pine Script (in.tradingview.com/script/TlYxplAQ-TrendShikari-NTS-V1-0-Strategy/ and in.tradingview.com/script/5n7sRvAS-TrendShikari-NTS-V1-0-Study/).

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Trade active

Bought NIFTY18SEP11600PE @ 203.05

Comment

Rs.2081.25 profit at end of market session.

Comment

Sold NIFTY18SEP11600PE @ 305.1 to make Rs.7653.75 profit. Rolled over short position to lower strike by buying NIFTY18SEP11500PE @ 221.45. This way we reduce the risk in market and at the same time make sure we get more profit if the downward trend continues.

Comment

Ending today's session with profit of Rs.1312.5 on the 11500 put. Still holding the out for next day hoping for more profits in this trade which is already near RS.9000 per lot.

Comment

Exited NIFTY18SEP11500PE with Rs.5812 loss yesterday. So in total we make 1841.75 profit in this trade as we had booked a profit of Rs.7653.75 earlier.
Comments
SathyamurthyRamanujam
Please also post the potential target. Thanks!
syam-mohan-vs
@SathyamurthyRamanujam, no targets. System would exit the trade only if the index spot price moves up and hits the green line that system regenerates every day.
SathyamurthyRamanujam
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