Nothing worked in this month so far. Exited longs early and bear positions are not worth even looking at. NIFTY continues to go up. Friday rally was totally unexpected which seems to be based on China's good GDP data!
NIFTY is not considering India's poor GDP growth, high inflation, deteriorated macro environment and going up on China's GDP growth is something worth noticing.
Money saved is money earned. No new trading ideas, Just keep averaging NIFTY Call sell contracts at every high. Rollover if impossible to hold present positions.
Nobody should short anything in this liquidity driven market and buying at such a high level might not fetch good reward. If market does not fall in remaining 9 trading days in this month let us admit, market has totally deceived us and one should be always prepared to expect unexpected from market.
Disclaimer: This blog does not take any responsibility of your profit/loss
NIFTY is not considering India's poor GDP growth, high inflation, deteriorated macro environment and going up on China's GDP growth is something worth noticing.
Money saved is money earned. No new trading ideas, Just keep averaging NIFTY Call sell contracts at every high. Rollover if impossible to hold present positions.
Nobody should short anything in this liquidity driven market and buying at such a high level might not fetch good reward. If market does not fall in remaining 9 trading days in this month let us admit, market has totally deceived us and one should be always prepared to expect unexpected from market.
Disclaimer: This blog does not take any responsibility of your profit/loss
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