This series did not begin well for us. It went wrong on the first day itself and ended deeper into the loss on second day.
NIFTY was up just 20 points but there was no significant gainer among the top 10 stocks.
A look at the top 10 gainers yesterday:
None of the heavy weights find a place in the top gainers list.
And now we look at the losers for the day:
There are 4 of them in this list.
A bad day for the heavy weights and this reflects in the mark to market status.
We wait with the trades with the hope that the heavy weights will pull in their weight over next few days.
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.