There were 2 trades taken.
Tata Consum: This was a plain vanilla downward sloping TL break on the hourly charts. The confirmation was given by the volume profile and the trade was taken with the same setup rules that I follow. Since the lot size is big the trade was taken in the cash segment. 50% position was booked at 1% return and the rest was trailed at just above the entry price. The TSL was hit subsequently.
Nifty Future: This was a BRN break trade. The first confirmation of the downtrend was given when 2 trades that were on the long side never got triggered. This was the first clue that the sellers were far more active than the buyers. Missed the range low break trade that could have yielded more. Waited patiently for the next trade to materialise and it did when the BRN of 11800 was breached. Since nifty had already travelled a lot on the downside, the profits were taken quickly rather than trailing.
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