NIFTY ended up almost flat after being down early in the day.

The drop was caused by the big shots like RELIANCE, ICICIBANK and HDFCBANK. Recovery came through IT stocks and few others.

At the end of day, our trades again slipped into a small loss.

Nothing serious. We have already booked a decent profit in the first set of the series. Small variations in MTM positions are normal.

We stay with the trades and do nothing as usual.

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.