Update 12:50 PM: Nifty CMP 10823: Sell 1 part ( 50%). Will sell balance before day close if required
Update: 1:05PM: Nifty is lacking any momentum on the downside, we might cover our todays short if we don't see any momentum building before day end.
Update 2.45PM : Shorts exited @10885.Trade not going as per expectations.
There was no momentum on the downside and we had initiated shorts ltd qty in anticipation of downward momentum picking up in the later half (just one part-50% of qty) however a sharp upmove in the end forced us to close our shorts.
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