August 30, 2017

Market outlook

Daily charts
- trend is up on daily charts
- today, NF closed 0.9% in positive at 9884
- AD was 3:1 while VIX dropped 5%
- NF is trading in a triangle
- breakout from triangle will give a move of 200 points
- direction of breakout unknown
- swing low/ support at 9700 (earlier it was 9400)





5 min charts
- buy signals are as shown
- did not trade today as I faced internet/ connectivity issues with trading terminal



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