On a strong day for NIFTY, the banking sector lagged and BANKNIFTY closed in the red.
Good for us that AXISBANK and HDFCBANK were among the gainers. That helped our trades to end up at the best position so far in the series.
A single day made a big positive difference to these trades.
We wish something similar would happen in our regular option buying trades too.
Anyway, we stay with these trades and look forward to little more favorable results.
Trade cautiously, trade profitably.
Disclaimer: This post and examples are for teaching purpose only and are not meant as advice/suggestion to trade in these stocks. Trading in Futures and Options can lead to big losses and should be done with appropriate knowledge and advice only. Mentioning the stocks here does not imply that I have a trading position or likely to take a trade in these stocks.