I was expecting market to be sideways.
Yesterday, Nifty was bullish. Today Nifty was bearish. Both the days Bank Nifty did not participate in the move to the either side.
RBI Monetary Policy is underway and announcement will be made at 11:45 am on Thursday. Premiums have already decayed. By that time, I will exit all my positions. Market is sideways for the same reason.
Friday's fake breakout to downside ruined profit for some of my clients but they are all in minor profit now. It was more important to bring them out of loss. Also, holiday due to Ramzan on wednesday resulted in less premium to be collected over all.
I have been working on client account conservatively but will be little aggressive from next week.
Here are the details of the trades I took in my personal account: