Tuesday, September 2, 2014

Stopped out of Shorts in Nifty and Bank Nifty

Stopped out of Shorts in Nifty and Bank Nifty
Both the puts were stopped out
Nifty 8200 Put Bought at Rs 161.60 and stopped out at Rs. 142.20
Bank Nifty 1600 put bought at Rs. 261.85 and exited at Rs 234.
Since trading was light so total loss at Rs.1866
Lesson learnt again:never short new highs and do not time to predict market in advance. 

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