June 13, 2018

NIFTY 5 min 13-JUN-2018

- yesterday market was rangebound between 10775 and 10845
- today markets opened and crossed resistance
- buy signal was generated on kplswing indicator
- SL day's low at 10830 F

12.00pm
- first 15 minutes high low not crossed
- note markets are rangebound
- SL increased to 10845 F

NOTE: 2 charts deleted due to some technical errors.


12.30pm
- long trade stopped out
- day's low 10830 F
- note markets are extremely rangebound so whipsaws possible



2.40 pm
- markets still rangebound
- most recent breakout fails
- do nothing



3.00 pm
- I think day's low will break
- if yes, then a positional short trade will be considered.

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