:: Trade Analysis

Banknifty opened flat, and then sell-off observed, till yesterday’s last dip or swing low. Buying observed in this level. No trade in Banknifty as per the plan, as a better opportunity is observed in NIFTY.

In NIFTY after a gap fill, a trade was planned but then due to sudden spiked up move, I couldn’t capitalize it. So waited for some time till a correction observed, at the previous day- last swing low, as it formed a green candle- a trade was initiated, anticipating a reversal from there. And it did, and exited the scalping trade at the trendline.

:: Trade when it was on progress

:: Trades at the close

:: Why this profit, even though too little or less is important for me?

Here take a look at my trades this month, so only 1(one) Green day.

After back to back red days, specially 3 days continuously, I needed a break and to lift my moral, therefore, even though it is too less or little, it’s a win for me. After a good draw down, it’s a good feeling to see some profit. And to avoid mental pressure to recover the previous losses, I close my terminal early today on green at 10:30 Am, and keep my moral high.