My Basics Risk Management systems in Nifty -100 stocks
If EMA -21 is broken, I do convert naked future into Covered Call strategy with ATM call
If EMA-63 is broken, I do reduce my postion size with 50% & sell 1% DITM
If EMA -200 is breached ,I will book loss & short sell
More from Learning@ Prakash
Limited take on Nifty :
~ Dollar Index closed above 93 , which is not good for EMs
~ For further weakness you have close below EMA-9
~ Their is 30 % probability you will test EMA-21 before 6th Oct
~ 2 big macro triggers , Crude & Dollar Index
~ Review daily , no fix view
~ Dollar Index closed above 93 , which is not good for EMs
~ For further weakness you have close below EMA-9
~ Their is 30 % probability you will test EMA-21 before 6th Oct
~ 2 big macro triggers , Crude & Dollar Index
~ Review daily , no fix view
Means Monday gap down ?
— Nirav S. Karia (@caniravkaria) September 18, 2021