Trading is not just about technical analysis & earning money. It's about mindset & psychology. Work on Mindset & Psychology first. Then comes risk management.
Today's view is a side ways market. BN already moved sharply towards upside. Now it should take a pullback. In that pullback Nifty can give a decent move towards downside, as it is little weaker than BN. So trying a small sideways day view trade.
Monthly expiry. Too much volatile. It was good that I trailed my SL at cost after a move in my favour. I won't lose any. Otherwise it would have hit my initial SL also.
@alrv 26sep ko chal raha tha sahi. Aur aj bhi chal raha hai. Kabhi kabhi glitches ki wajh se kuch time ke liye hota hai waisa. To app reload kar ke dekhiye.
View: Yesterday market surprisingly moved up. So many retailers would have made aggressive buying position, so this downside move was to trp them. Now market may take support here & start moving up. SL took slightly below the low has been created.
Market have not continued the downtrend further. Now it might stay in this range only, from day high to day low. So better to not stay in Option buying position as it will decay the premium.