April 3, 2018

Market outlook

Daily charts
- trend is down on hourly charts
- today NF closed 0.3% in positive at 10245
- AD was 3:1
- option writing support 10000 resistance 10500

- note I am getting a lot of buy signals on stocks from past 2-3 days.




5 min charts
- gap down opening
- low formed in first bar provides good support
- long as per arrow, cover at close
- missed short trade in 2/3rd bar of the day



15 min charts
- trend is up
- support 10200 F




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