On Friday, NIFTY did not make a new high. In fact it moved lower by 116 points to close below 18700.
One would expect the SHORT trades do well on such a day but there was no luck.
In fact, the status got worse than the previous day. And I had not posted about the previous day here.
Anyway, there is no need to repeat the bad luck story on daily basis. I put on record the status on Friday and see where we go from there.
At least the BUY trade in HCLTECH has done well. I expect few more points from this trade.
Actually I expect many more points from all these trades but the market seems to be in no mood to oblige me.
At present, the situation is not worrisome though the MTM is negative. These are trades already discussed under Money In The Bank and Nifty Spread trades.
We watch the action today and hopefully, things will get better.
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.