Yesterday was a flat day for BANKNIFTY.
We can see it from the chart of the day.
There were 4 losing stocks and 2 of these were HDFCBANK and KOTAKBANK. It was good for us that ICICIBANK kept its head above water and helped the trades.
At close, MTM position was slightly better than the previous day.
Position at close on March 22:
We have come back from a very precarious position of (-) 39066. It is to be seen where we end up while closing the series.
For the day, we do nothing and stay with the trades.
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.