April 27, 2018

Market oulook

Daily charts
- trend is up on daily charts
- nifty closed 0.7% in positive at 10692
- AD was positive
- option writing resistance 11000




5 min charts
- breakout today from last week's range
- buy on open... exit on close



15 min charts
- breakout on this time frame
- I am positionally long for next week
- expect 10600 to provide support



Hourly charts
- trend is still up
- SL 10500 ... should increase to 10600 next week



Open interest distribution

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