Tuesday, September 16, 2014

Initiated new shorts in Nifty 16 Sep 2014

Initiated new shorts in Nifty 16 Sep 2014
Nifty has fallen a lot.
Still the only course available  is to short the Nifty.
Seeing the risk of selling oversold Nifty,8000 Put was bought at Rs 80.60.
The position will be held overnight.
keeping a trailing stop loss though.
Ultimate stop loss is Rs 40. in this Put
Lets see
Happy Trading

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