Got out of shorts on the morning dip. Closed all positions. In hindsight, I should have closed around 4800-4850. Nevertheless I did earn some money through the hedges but not ideal. Will watch for now..And plan to short higher. My biggest worry right now is a possibility of 5150-5180 coming in few days.
There is still chance for dips here..But want to watch for some time.
Thanks,
Lee
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2 comments:
what is the nifty cycle? my calculation shows 19 day cycle and 14 week cycle. if you will, kindly share your hurst cycle analysis
Kindly suggest any strategy to monitor trades on nifty
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