For the entire day, BANKNIFTY moved in a narrow range.
HDFCBANK remained positive and covered a part of losses of previous day. It was the turn of the other two, ICICIBANK and KOTAKBK to go weak this time.
All the moves resulted in a flattish close to BANKNIFTY.
The net result for us was a slight reduction in notional profit. I call it notional because a profit is not a profit till it is booked.
The status at close yesterday:
Working fine. No need to do any tweaking.
We stay with the trades.
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.