February 1, 2018

Market Outlook

Daily charts
- trend is up on daily charts
- today NF closed flat at 11017
- trading range was 240 points
- net formation was a doji with a tall body
- AD was negative
- option writing support 10500 res 11500

5 min charts
- today was the Budget 2018... a day of large price swings... stayed out completely

- no point doing any analysis as closing was flat with high swings thrown in between,
- what we do know clearly as today's high low levels should not be forgotten

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