Bank Nifty anlaysis for: 15th Oct
Previous close = 51,825
Last Day High = 51,891
If Breaks: 51,850
Resistance level: 51,919 > 51,950 > 51,996 > 52,031 > 52,092 > 52,201 > 52,319 > 52,404 > 52,501 > 52,594
Last Day Low = 51,221
If Breaks: 51,799
Support levels: 51,750 > 51,719 > 51,699 > 51,674 > 51,649 > 51,601 > 51,539 > 51,511 > 51,494 > 51,451
Comment: I missed the first hour move and then market went sideways. I had made some loss and in order to recover it ended up making a loss of Rs 50,000. Later I realised that this happend because I lost mind control and traded like a gambling. I was also because I did not stop trading after losing Rs 20,000 which I could have recovered next day easilty.