Market tumbled down as BAD IIP data revealed in negative. Last time if we can remember when inflation was in negative, RBI started increasing rates.
This time, RBI will surely start decreasing rate to infuse funds in market.
Now if we look at our trade book, it's very pathetic and we have lost all our gain, and now in around 6.00 % loss.
Mail reason behind our loss
- I ignore the bad news, IIP data
- Could not reverse my trade even after Nifty fails to get past resistance of 4810
- Should have exit at 120.00 only when Nifty was broke the support
Be remember we have only 93,300.00