On Friday, we saw NIFTY making a good down move.
Our two trades in this Rs. 2000 series did well. Normally it does not happen in the early part of the series but who are we to complain?
Status on Friday.
Looking good. Let us hope it stays that way.
With the fall on Friday, volatility index has gone up and with that options are now becoming costly. It is not easy to find an option for our low price of Rs. 2000.
So we do not initiate any new trades today. Tomorrow is a trading holiday. We shall look for new trades on Wednesday.
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.