Making a new all time high by NIFTY did not work out for many of the heavy weight stocks.

We had HDFC, HDFCBANK, HINDUNILVR, INFY and RELIANCE among the losing group.

Other 5 stocks were gainers.

The gains in the other 5 made the trades do well on the day and MTM position improved considerably.

Compared to (-) 1751 on Monday, this position is much better. We hope it stays that way and gets better as days go by.

At least DOING NOTHING worked in this setup yesterday.

We 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.