Yesterday BANKNIFTY out performed the market in general. The gain in this index was 1.65% while NIFTY gained 0.71%.
Our 3 stocks were also gainers though KOTAKBANK took a long time to turn positive. The gains were not spectacular, these were almost similar to the gain in the index but that helped.
Mark to market loss had gone above Rs. 10000. It is now back to Rs. 6000 level.
We keep waiting with the trades for yet another day and see where that takes us.
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.