Updated: Apr 11, 2019
5 October - 9 October 2018
Following are the trades I undertook in current week. Trades without exit date are currently open.
10 October 2018
Expecting margin to be rangebound today. Bias is bearish.
USDINR and CrudeOil are still not in comfortable zone. Any pressure to upside can cause panic in market again.
Initiative from government and SBI fund infusion is a positive news for now.
Any major rally or volatility will come after results of TCS is out.
On banknifty we can rally till 25100 or more in coming days as short covering. Till we are not closing above 25600, trend is bearish and it is sell on rise.
Update - My 25100 and 25200 calls started giving me trouble but it was an abnormal move which is always followed by a reversal. My calls and puts all expired worthless on the day of expiry and ended with a profit of Rs. 21000/-.