UPL Short below 458.5 (only if 5 min candle close below 458.5-458.6) SL: 5 Point TGT: about 8 points (will update later)
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Shorted 1 lot Fut @ 459 Spot (pullback)
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Revised SL: above 459.15 (Just 0.15 Points from my entry)
TGT: 450-452
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Safe traders can exit @ CMP (457 spot)
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5 min candle patterns showing reversal signs - hence told to exit,
Slight bullish momentum seen - if you are not wanting to take whatever profits now, you can trail the SL to entry prive (so as to exit cost to cost) and keep TGT of 452
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Self exiting @ cmp 0.5% profit booked
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Phewwwww.. That Candle ---- tested the patience a lot - just now hit the tgt - Unfortunately I am out of trade (Hope those who revised the SL to entry price - would have now easily booked the profit). :)
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Shorted @ 459 spot Revised SL: 459.15 (actual SL was 5 points) Tgt hit @ 452 (but I exited at 456.5-457) Risk:0.15 points, reward: 7 points (myself only 2+ points)