Update - 25 April 2019

  • For last few days, I was hitting very few stoploss. I was worried yesterday that not hitting a stoploss might condition me in a way where I don't want to take a necessary loss. Well, today market obliged me.

  • I was bearish, but I was also cautious.

  • As soon as Nifty broke 11620 after three failed movement to downside, and Bank Nifty broke 29600 after three failed movement below 29500. I was convinced that; 1. We had formed a bottom on 2 hourly and 30 minutes chart; 2. Trend is bullish on daily; 3. Yesterdays channel break was false; 4. And news report of sanctions on crude oil import from Iran wont affect India has made market bullish again.

  • Good thing with taking too many small positions is that any time, some are in profit and some in loss.

  • I started exiting my positions slowly and kept replacing them with puts. Finally when I sensed the trend reversal is a strong one, I left some of the hedge as they would have gone to 0 any way.

Here are my net positions:

22 April 2019 - 25 April 2019.xlsx

Rohit Katwal

Telegram Channel: https://t.me/rkatwaltradingupdates

15 views0 comments

Recent Posts

See All

MAS - Options (2 slots) for April 2021

We have 2 slots each available for Options MAS to be filled for April 2021. If interested kindly fill the MAS Service Request Form after reading the details and we will contact you. Do read the approp