• Rohit Katwal

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

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