Reason for short are 1) FMCG index down 2) Good risk reward zone 3) Super trend and vwap short side..... it may change during the course of time (if it not change - we may hit target) 4) Good triangle breakout towards down side 5) vwap short support as resistance
Even if all reasons are there to short, our market maker (also know as punter or manipulator) may alter the situation for his benefit and gives the different picture before entry and some time after entry. Market conditions also may change. Hence SL compulsory.
We can only control our risk. pls keep 0.5% as risk on single trade of your total investment. Sl compulsory Duration : intraday