The see saw continues.
One day we see a big loss, next day it comes down and so on. Yesterday it was same story again.
As is now very normal, BANKNIFTY gave up all the gains and ended lower for the day.
Our loss came down from previous day level and we can breathe a little easy now.
We understand that trades can get better from here or they can get worse. We accept both the situations and let the market do what it does.
Stay with the trades and do nothing.
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.