Market opened with a gap down yesterday.
Then within one hour it was back to being in the green as if the early fall never happened. The real fall came late in the day.
Luckily we had planned to close our trades anticipating such a situation. It was possible to do it at the right time as NIFTY had moved up around 10:30 am.
Profit was less than what it was on previous day. We can not complain and have to take what the market gives.
Rs. 9439 in this second set.
Combined with the profit of Rs. 54177 from the first set closed on November 12, the profit for the series is Rs. 63616.
It is good to close a month with profit.
We set up the December Series today. Expiry of that series is on December 31. A long time to stay in the trades.
Let us see how that works out.
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.