After making a low at 11790, NIFTY made a tremendous up move. Yesterday, the index almost wiped out the entire loss of previous day.
The moves tell us that big volatility is the order of the day.
Because of this move, our trades got back into profit.
We stay with the trades.
Trade catiously, 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.