Morning update Fri, 20th Feb:

-ve open, use close TSL to short / PE positions. If TSL hit, prefer intra-day longs with strict SL till last hour. In last hour:- BTST: 2900PE, STBT: NF

Expect a weak open in accordance to Asian counterparts. However there are strong chances for some recovery post Indian open. The traders holding short / PE positions should use close TSL and in case of TSL induced exit one should prefer intra day moves till last hour of trade. In the last hour of trade, the traders should re-initiate short in NF and Feb2900 PE as BTST.


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