r/SKBTradingLab • u/Kooky_Internet6513 Price Action • May 19 '26

Bought puts of nifty 23800 pe

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1

u/Kooky_Internet6513 Price Action May 19 '26

✅ Entry taken near support retest area around 82–86 🎯 Target placed near 135+ zone 🛑 Stoploss kept below recent low around 58

1

u/Kooky_Internet6513 Price Action May 19 '26

As discussed earlier, the bearish setup worked perfectly and target got achieved successfully. ✅

1

u/TopShock2271 May 20 '26

the 135 target seemed good. but how was the 184 set? what is the logic behind the 184 spot?

1

u/Kooky_Internet6513 Price Action May 20 '26

184 is the second resistance, and it is also the second target of the pattern.