December 7, 2017

Market outlook

Daily charts
- trend is down on daily charts
- today, markets closed 1.2% in positive at 10167
- AD was 3:1
- bounce came off 10000 levels which has been mentioned as option writing support
- resistance seen around 10400
- note channel on chart... I expect NF to trade within this





5 min charts
- trend is up as shown
- 4 buy signals today
- cover at close



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