May 18, 2018

Market outlook

Daily charts
- trend is down on daily charts (wef today)
- today NF closed 0.8% in negative at 10596
- AD was 1:2
- option writing support 10500 resistance 11000




5 min charts
- short trades as shown by arrows
- covered all positional short trades after 2.30pm



same chart with kplswing indicator



15 min charts
- trend is down
- resistance / SL 10700 F roughly



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