August 31, 2018

Market outlook

Daily charts:
- trend is up on daily charts
- today NF closed flat at 11680
- AD was flat
- option writing support 11600




5 min charts:
- ignore gapup as figures difference is because of  AUG and SEP series
- 2nd bar was a huge bar... almost 60 points
- but close was not near the high and there was selling specially on 1 min charts
- did nothing then
- missed the short trade
- rest of day was tangebound



15 min charts:
- futures charts not comparable so using spot
- holding 11640, consider trend as up



No comments:

Post a Comment