#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.

Nifty Trade Update,

Wed, 26/7/23.

Price opened gap up.

Price got breakout in15 min timeframe.

I Bought 3 Put option of 19500 @36.50

But price went up.

I felt to close the position in loss but thought to hold it for little more time. But price was going up so closed it @33.5 and booked a loss of ₹ 438/-

Now Balance is 40227/-

Market closed at 3:30 PM IST.

Will take more trades tomorrow.

#nifty

#trade

Hello all,

Wed, 26/7/23.

I started trading Nifty Index option

This is the Indian market.

I started with 40000/- INR 5 days ago and made some profit and now the fund is grown to 40665/-

I will post my daily trade here.

Currently I don’t want to set the daily or monthly target. But my expectations are quite high.

My goal is to trade as much as possible and learn from every trades and preserve the fund.

As I trade more and find my mistakes and learn from it, loss will get minimised and profit will occur automatically.

#trade

#nifty