Nifty 50 IndexUpdated

bear trap market

breakout again no need to short or add position one can only hold to the long this is a bear trap market reversal trades have to be traded with stoploss
Trade active
Bought july pe 17500@ 140 stoploss @120 target not decided finally todays move shows that yesterday move was a bear trap and big players knew that hdfc twins will open gap down till now it was a bear trap market lets see how it unfolds
Trade closed: stop reached
CLOSED position evaluating again

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