October 4, 2017

Market outlook

Daily charts
- trend is up on daily charts
- today NF closed 0.6% in positive at 9915
- AD was positive though nothing great
- VIX down 5%
- note slow retracement of big red bar
- swing low support at 9700

5 min charts
- traded long on breakout
- booked profit as per trailing SL
- took a short trade and got stopped out
- lost what I earned in the morning

- did not know RBI policy was today. Would have avoided the second trade.

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