This is how NIFTY played out yesterday.
After being up most of the time, the index made a good down move towards the close. That made our trades not lose money at least for the day.
All the 5 stocks ended in the negative including the one where we are in a CALL trade.
For BIOCON, it was too little too late. PUT 360 being so far away, lost another small amount inspite of stock price moving lower.
The day was saved for us by SUNPHARMA though it could have done better.
We take consolation from the fact that we managed to come out of the day without a bigger damage.
We stay with the trades and see how they fare today.
No new trades.
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.