August 12, 2016

Market outlook

Daily charts
- trend is up on daily charts
- markets rangebound for past 2 weeks
- within this range, NF closed 1% in positive
- however advance decline was negative
- immediate support 8480 resistance 9000





5 min charts
- whatever money was there to be made was possible in first 10-15 min
- after this, market was rangebound throughout the daya
- I missed the first 15-20 min trade
- attempted 2 trades later on - stopped out.


No comments:

Post a Comment