Update - 2 January 2019
So yesterday was a Happy New Year Lollipop which is juicing retail traders right now.
This whole week has remained volatile and sideways so far.
I am getting whipsawed but losses are limited to ₹18000 right now.
Hoping to recover it and close in positive by tomorrow.
Premiums are unusually high right now. It looks like market is digesting some news and once it is out, premiums will fall.
Firefighting has become new norm for few days.
Apart from everyday bullish trend, if we just look at the chart of Bank Nifty on daily basis, it is full of volatility which is bound to give losses.
I hope, times get normal soon. This whole 2018 has been unprecedented and tough. Till the election time is over, trumps rhetoric is there, we are in for bad times I guess.