There was no post yesterday because of hosting server being down in the morning.
Let us review what happened to our two sets of trades on both days.
On Nov 14, the trades in COALINDIA and ONGC had closed with a loss of Rs. 7585 and 5775 respectively.
Monday was a market holiday.
Position at close on Tuesday November 17:
We see that the loss went up in COALINDIA and reduced in ONGC.
The story on November 18:
In the early trades, the loss came down in both the set of trades but as the market moved higher, our trades too gave up.
We are stuck where we were in net terms.
SGX NIFTY is showing a gap down open for the market today. Let us see if that helps our trades.
We wait with the trades for yet another day.
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.