- Initiated short position based on Advance Decline ratio and the price coming to a specific point on chart
- The presence of heavy put writers on 17600 should have been factored as price bounced up and came very close to the SL.
- Luckily, the price retraced and got me a 26-point profit move.
- Time to relax for some time now and see what Nifty is doing after 2 hours.
Cheers!!
