Friday, August 27, 2021

Index

Today index closed above next breakout level 16689....previous breakout level was 15942..

If breakout holds, then next level may be 16842...

Hence, closed the call short today with 6 point loss..... will definitely re-enter at higher level on Monday...

(Normally breakout zone / close, not a good idea to hold the option shorts.......we should have trade discipline)

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16800 call short follow up

Exited / booked loss @ 174.80...shorted at 168.80

Nifty spot trading above 16689...hence.. closed..

Will decide on Monday...

No position....

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