The day open had good volumes in most scrips, but I was undecided on the direction. The first half was boring. Nothing much happened. Initially, I got into a NIFTY long, and then a BANKNIFTY short. I would have avoided both these trades in favor of some other, if I had looked at other charts earlier. But these trades turned out better than the trades that I would have preferred. Serendipity?
It was a trending day for NIFTY and many other scrips, but took shorts in RELIANCE and NIFTY. Days can turn, I just looked at the setup. A long in INFY did not work because of tight SL. Then a bad trade in NIFTY, the kind that gave me losses in the first half on Friday. Towards the end of day, an ICICIBANK short proved good.
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