March 9, 2018

Market outlook

Daily charts
- trend is down on daily charts
- today NF closed flat at 10227
- AD was 1:2
- option writing support 10000 and resistance 10500





5 min charts
- yesterday market was rangebound
- hi low was 10280 and 10155 F
- today markets tried several times to sustain above 10280 F but failed
- closing was near around 10218... near first 15 min low

- trading range was too narrow ... did nothing



15 min charts
- trend is still down
- next week, sustaining above 10300 F will generate a buy signal




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