September 26, 2016

Market outlook

Daily charts
- trend is up on daily charts
- today, markets closed 1.2% in negative
- AD was negative, VIX up 9%
- I am expecting rangebound movement for some more time
- support around 8500 is expected to  hold this series







5 min charts
- break of initial trading range was short signal
- cover on close.


2 comments:

  1. where we can find this live 5 min nifty chart shown above?

    thanks.

    ReplyDelete
    Replies
    1. There are 2 possibilities:
      - subscribe to some realtime datafeed
      - access a freeone from Google Finance or tradingview.in

      Delete