April 4, 2016

Market outlook

Daily charts
- trend is up on daily charts
- support 7550
- option writing resistance  8000  levels
- put writers see support around 7500 levels.
- limited upside seen this series... let's see.




Hourly chart
- trend is up
- support 7700 F


5 min chart
- arrows show short trade
- long trade not considered.


My trades
- intraday long trade in 7700 PE
- positional short trade in 7900 CE


Some mistake .... contract note shows another long trade 7700PE around 3.15 - this is not reflected in in above screenshot .


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