March 15, 2016

Market outlook + my trades

Daily charts
- trend is up on daily charts
- today, NF closed in negative. AD was also negative
- strong resistance around 7500-7600 levels
- option writing support 7200 resistance 7500
- today there was a cut in 7200 put options.

Hourly charts
- trend is up on hourly charts
- support 7400

5 min charts

My trades
- covered lot of positional trades as I may be travelling for one week.

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