Bears came calling yesterday and trampled all over.
At the end of the day the bull’s garden was lying in shambles.
Apparently, the day should have been great for our trades.
No. It was not.
For most part of the day, even when NIFTY was down 200 points, all the three stocks were gainers. It was tough seeing all other stocks falling but not those which we wanted.
It is only in the last 30 minutes that our trades found some traction.
That is market for us.
Status at close yesterday:
NTPC PUT 80 did not touch Rs. 3.45-3.50 level and we did not exit. Hopefully we do that today. And move on to lower strike.
Other than that, we just wait.
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.