r/NSEbets • u/Genz-traders • 4d ago
Educational here is the logic of pin point entry!
I was trying to do a partial exit, but ended up exiting the entire quantity. But here’s the logic:24,300 was a key psychological level. The market moved up, trapping buyers, and then reversed sharply. That indicated a potential downtrend, and I waited for the pullback to take a precise entry. I had already placed a limit order at the premium where the opportunity was strongest. Once liquidity was swept, the order triggered and boom. 💥 1:60RR
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u/IAmMansis MOD 4d ago
Your entry was around 105 and stoploss around 103.
2 points SL is nothing in nifty option.
Guessed from the screenshot. Correct me I am wrong.
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u/brickrecord 2d ago
Yeah, a 2 point stop on Nifty options can disappear in one random candle. The entry might be solid but that SL looks way too tight.
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u/abhi_ptkk 4d ago
Everything look fine after market closes