Not for Newbie's:
Anyone's who has taken this trade, go on higher time frames, do some analysis. See if this validates as a positional trade. We are at the top, also its friday (perfect time to book profit for others who bought low), there's rsi divergence on nifty (if we get red closing today). And most importantly, if it validates, you get a positional trade capable of rewarding 300-400 points who's sl was not more than 30 points. How cool is that!