#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.
