March 14, 2016

Market outlook + my trades

Daily charts
- trend is up on daily charts
- today, markets form a doji
- selling seen at higher levels
- expecting strong resistance around 7500-7600 levels
- support around 7200 levels




Hourly charts
- trend is up on hourly charts
- see selling from 7600 levels
- reversal level 7400 F


5 min charts
- not much buying happening after first 10-15 min of day


My trades
- took positional short trades - call writing, covered put and some naked puts



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