STOP LOSS HUNTING PATTERN - DO REVERSE FOR BIGGER PROFIT

 12-May-2026

What I thought during the position taken for bullish call

1) Market is already down more than 1% from day high & 1.32 down from yesterday close

2) Was expecting reversal/bullish

3) Entry triggered at 71.% retracement & little bit up around 10 points in Option but hoping for bullish

4) Powerleg support broken and added another quantity due to HOPING BULLLISH

 
5) Mind still thinks , as market is already down more than 1% and recovery will be there

6) Market did not recovered till EOD & finally booked 2500 loss.

NIFTY 1M CHART

NIFTY CALL 1M CHART

NIFTY CALL NO UNWINDING  , BUT WITH HOPE I HOLD THE POSITION

THIS IS ACTUAL RETRACEEMNT FOR BEARISH AND RETESTED AT 50%

WHAT IF I TAKE PUT BUY AFTER N-PATTERN SUPPORT BREAKS IN CALL CHART, SEE RESULTS BELOW FOR PUT CHART

MY MIND THOUGH IT WAS ALREADY DOWN , IT WONT FALL FURTHER

FINAL CONCLUSION : DONT PREDIT MARKET INSTEAD FOLLOW THE MARKET AND LISTEN THE MARKET WHAT IT SAYING