May 10, 2018

Market outlook

Daily charts
- trend is up on daily charts
- today NF closed 0.2% in negative at 10716
- AD was 1:3
- option writing support 10500 resistance 11000




5 min charts
- break of range was sell signal
- cover at close
- this is as per hourly high low strategy



kplswing indicator gave delayed sell and possible whipsaw if you had a tight trailing SL



15 min charts are giving whipsaws but that is a part of the game

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