Profit ₹20,000/- 9 November - 15 November 2018
Updated: Apr 11, 2019
What a move again by market. Against all expectation, on top it gave a strong breakout to upside on expiry day. Looks like market knows expiry players and is hell bent on screwing with them.
After a lot of fire fighting, had to close the day with a loss of ₹4500/- that too I incurred for brokerage. Cumulatively for the current month, I had a profit of ₹20,000/-. Still better than going in red.
I have made adjustment in expiry trading. From next expiry I will start taking trades post 10:50 am. If that didnt work out in identifying the trend, then I will replace expiry trading with equity options. With advent of increased expiry day traders, market makers are playing with bank nifty every expiry day.
Heres how the position for the day looked like.
Trades are updated in the sheet-
Note - I havent decided to trade yet on friday and monday. I will post my analysis.