May 2, 2018

Market outlook

Daily charts
- trend is up on daily charts
- today, NF closed flat at 10718
- AD was 1:2
- option writing resistance 11000
- note gap opening in nifty spot (not there in futures)




5 min charts
- took a short trade as per arrow
- covered around 10730



15 min charts
- trend is up
- support 10700 F



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