Yesterday, BANKNIFTY was flat.
With 10 losers, the index did not lose much. The reason was that the two of the big stocks — HDFCBANK and KOTAKBANK were gainers. Other 10 could not have much impact because of these two.
This is out performance for the day.
And that reflects in the mark to market profit which moved higher by almost Rs. 4000 in a day.
Let us stay with the trades and find out what the last day of the year holds for us.
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.