We had no trade as the day began. A trade with RELIANCE CALL spread was planned. The strike prices were revised from what were mentioned in the post yesterday.

Trades:

At the end of day, these trades were showing some profit. So the beginning is good. How we go further from here will be seen over next few days.

We do nothing but watch the trades today.

Trade profitably, trade cautiously.

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.