October 3, 2016

Market outlook

Daily charts
- trend is up on daily charts
- today markets up 1.47%
- AD was strongly positive; VIX down 9%
- option writing support 8600 resistance 9000.



5 min charts
- break from yesterday's range and first big blue bar was buy signal
- second signal comes just after 1pm
- cover at close.


2 comments:

  1. Sir,
    By Mistake U have mentioned 9600 as against 8600 as support level.

    Regards,
    Mahesh

    ReplyDelete