#Nifty #trade update

Day ended with 103/- loss.

Price took the BSL at 19800.

Price was in downward direction from open up until 3:00 PM.

I tried to long when the price came near the gap but price continued to face downward pressure after every small pump.

Though i did not see any bullish structure forming, and I longed much more than that and that turned into loss.

Then I chart made bearish pattern and it looked like it wants to go down, it was going down slowly but 19500 Put option did not go high.

I anticipated for the option to go at least 50 while price was at 32-35. It eventually go there but I could not hold it and closed it in small profit near 37

Took 5 trades overall.

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Balance

40321/-