Nifty give a sharper bull rally, hit my bear market resistance, 10460-505.
Now see the effect.
Don't blame dow baba (it was already in down swing for last few days), bears trap the bulls quickly like this today.. Those greedy people made the risky positional long today (as I warned above) will be punished soon.
I bought good amount Nifty 10300 put, scaled position when NF was 10460-90.
Today my two stop from short hit 60+60 bnf @ two vital resistances, third was reverse long when BNF cleared 25135( which give approx 220+) till end. Not made much with this bull retracemnt 700 ponints, always waiting for opportunity to short. That level in nifty finally come near the days end.
Tomorrow may be a big jackpot who bought put, bears will compesate me for favoring them(still HTF charts).
I was keeping an on dow baba too for last few days..
Now see the effect.
Don't blame dow baba (it was already in down swing for last few days), bears trap the bulls quickly like this today.. Those greedy people made the risky positional long today (as I warned above) will be punished soon.
I bought good amount Nifty 10300 put, scaled position when NF was 10460-90.
Today my two stop from short hit 60+60 bnf @ two vital resistances, third was reverse long when BNF cleared 25135( which give approx 220+) till end. Not made much with this bull retracemnt 700 ponints, always waiting for opportunity to short. That level in nifty finally come near the days end.
Tomorrow may be a big jackpot who bought put, bears will compesate me for favoring them(still HTF charts).
I was keeping an on dow baba too for last few days..
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Is not it? 
