The trend was positive. Too big a positive. NIFTY gained 211.80 points.

COALINDIA and ONGC too ended up positive.

For once, our trades in the series are showing small losses.

ONGC trades were taken between 10:45 am to 11:05 am.

After that it was just waiting and the results at the end of day were not flattering.

We were having a gain of Rs. 1600 in these trades a day earlier.

We stay with the trades and find out what the market holds for us today.

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.