Thursday, April 5, 2018

Bad day

This was RBI Policy Day, as well as Banknifty expiry day. RBI Policy announcement was at 2:30 PM. So, a dull wait till 2:30 PM was expected, but even after the announcement there was not much life in the market.

I could catch very little of the post RBI Policy announcement upmove. I had already been hit by losses in the first half, and missing the move made this a bad day.

I am not sure if I want to continue trading this system in the current fashion. Next week, I'll try to find some time to evaluate this.

Nifty M3 Price Action Chart
Nifty M3 Price Action Chart

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