Little room left to doubt the imminent collapse. If one is staying in that house,LEAVE-Find another one for the time being-rentals will be saved! Ending diagonal in B of ABC on the verge of completion. SELL ON BREAK OF LOWER LINE.USE sl according to one's own risk management system.Once price moves in your favor,hedge with OTM CE & trail sl EOD. STATUTORY WARNING: Trading is fraught with risk.Use your own method/analysis/judgement-this is mine & not any trade recommendation. SPARE A LIKE IF U LIKE.
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Trade triggered.In small profit.HOLD. 1st tgt around 985. Once in favor,either trail sl or buy OTM CE for hedging.
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Book profit followers.Mkt seems to be recovering.Will short again on rally/ breaking of consolidation.
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Bounced to lower trend line. Aggressive traders can start selling with proper sl.>1040-45(cash level.Adjust for fut)
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Hope followers followed sl.It happens sometimes.No worry.Will recover more than today's loss.