This week we have taken short position in Reliance, it was STBT Trade (or Swing Trade)
Reliance made Lifetime high on 30 Jan, next day on Jan-1 (around 9.30), intiated short position in Reliance it was STBT Trade(with Bear Spread), position was squared off on Feb-1( around 3.30).
Option Trade(without hedging) delivered #RS 2750 Profit
Option Trade ( With Hedge) delivered # RS 75 Profit
Swing Trade (or details are as under) :-
Reliance Trade (Entry Details) # 31 Jan 2024
Reliance Trade (Exit Details) # 01 Feb 2024