January 9, 2018

Market outlook

Daily charts
- trend is up on daily charts
- today NF closed flat around 10637
- AD was negative
- option writing support increased from 10400 to 10500
- few days ago it was at 10300
- this may increase to 10600 shortly




5 min charts
- one of the easiest and safest trade setups
- bought around 1.30 pm and sold off around 3 pm
- reason : those 2 lines which provided support and resistance

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