FY27 Q1 Trading log: Banks, IT, Crude and Fed Rates

Part 1: Banks

16 July 2026(Thursday): Anticipated that there wonโ€™t be any dip. Moved the money saved into money market(MM). Kept my liquid fund intact for just in case. So it can be redeemed instantly in case of dip.

17(Friday): Markets remained flat. Reliance Industries(RIL) beat expectations.

18(๐—ฆ๐—ฎ๐˜๐˜‚๐—ฟ๐—ฑ๐—ฎ๐˜†): ICICI Bank surprised with 16% net profit jump. HDFC disappointed but I had already offloaded it all year ago.

19(Sunday): Posted this post on Linkedin in advance. Set an alert but not order for ICICI bank holdings at โ‚น1495. Because โ‚น1,500 was it 52w high, and a major resistance point.

20(Monday): Will Observe both of my horses run to determine their tiredness(intraday resistance). I retired(sold) ๐˜๐—ต๐—ฒ๐—บ ๐—ฎ๐˜ ๐—ฝ๐—ฒ๐—ฎ๐—ธ. Will redeem liquid funds, and move to MM, and will move the gains to MM the following day.

Both are heavyweights in Nifty 50. So I still hold them indirectly. I also didnโ€™t send all of them to track. So I ๐˜€๐˜๐—ถ๐—น๐—น ๐—ต๐—ฎ๐˜ƒ๐—ฒ ๐—ณ๐—ฒ๐˜„ ๐—น๐—ฒ๐—ณ๐˜ for further speculation . Selling them reduced concentration of my portfolio.

20(Monday): Edit 1: Crude rose, and HDFC, Axis slipped 5%, 6%, respectively. They dragged entire Bank Index with them, and hence ICICI Bank could not cross 1,480 resistance. I might try selling a day before ex-day. Though I managed to offload RIL at a good price.

Part 2: IT and Fed Rates

29 July(Wednesday): An IT stock that I was looking to offload rose yesterday. But yesterday was expiry day, so it was facing massive resistance. Today it rose even more, and I offloaded 90% of it in peak. Tomorrow is weekly, monthly expiry of Sensex.

I donโ€™t think so Fed will cut rates. If it does, then I got money ready to invest in IBKR and buy discounted Dollars. If not, then IT would have crashed anyways. If IT still rallies then Iโ€™m still indirectly holding it via Nifty 50.

31 July(Friday): Nifty IT slipped as much as 3.10%. Fed did not cut rates. Both my predictions were proved to be true, but I do not feel much happy, as I had expected that. True dopamine gets released when there is 50% probability.

Yesterday I moved some money into liquid fund. Today, I moved rest of leftover money into money market to earn free weekend interest.

Bajaj finance, which I finally entered around a year ago commentary on itโ€™s 6% crash, Today exploded 6% due to good results. Since it happened on the last day of month, it will lead to a inflated poortfolio value in monthly CDSL CAS statements. On monday, I offloaded it at 35% profit. I could squeeze in a bit more, but due to FOMO, I lowered my ask price>