Monday saw NIFTY making yet another all time high.
The new number is 12337.75. This may be short lived as there is enough indication that this level may be taken out today.
Yesterday, it was all about INFOSYS. Among the heavy weights, it was INFY and HINDUNILVR who combined to give some positive result.
Now the stock futures have become gainers taken together while NIFTY futures have started losing.
The day helped in bringing down the loss. We are still looking for profit. There are still 6 stocks losing against 4 gaining. Strange, considering that NIFTY is near all time high.
We do nothing and stay with the trades.
Stay lazy, stay happy.
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.