Its almost 4 hours into the trading day the Nifty is grinding lower as the range bound action of the last few days continue, our positions are marginally positive, Nifty Futures is quoting at 6018 (Recommended short at 6030) and the 5900 Put option is quoting at 36. Our advise remains to hold the short positions remains and we will let the market decide our next course of action.
Happy trading
Happy trading
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