Daily charts:
- trend is down on daily charts (whipsaw?)
- today markets closed 1.3% in positive at 11515
- AD was 2:1
- option writing support 11400
- markets completely negate down bar of 11 SEP
- so break above 11600 can lead to new highs
- this will effectively stop out the short trade of 11 SEP
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjoAClP_FZAGyuoGcrfkPkfrbw3pgpE3QAGEjzE1SMP-I2i8s-UFDMwrc-bh2bJ_EAchklSE7QqSfMlWzKKjHNFXek_tGm_Z2W6fO6LHjgKz7pHzUBbQ_u2V-teX1V0cIqTxdyhRkd6AjZD/s640/a.png)
5 min charts:
- nice breakout today
- buy in circled area
- cover at close
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgbC3u23tEXYfhZ-x1PKB785hEYnzZ3319Lp3S6duYONfQU0V1VH-XoFHrt4yxNDJphXh7aN4l8XVm79C2yJ2EiFhnMxBHBVOekErOr4OpXVr4EWyECb6OQNU8jpMGV_nUnq3jeM-wVovb9/s640/a.png)
- traded long today in 11500 CE
- booked loss in 11300 straddle
- made mistake of exiting short position in 11300 PE... should hv held till close
- another mistake was exiting part of 11500 CE near top of range.. should have waited till breakout
- this could have added atleast 5K more in profits
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg7eCaquxZ6GRaZ6LTyb9_RqVARisInTUZMs63wbIJDfq0Bj7icoOjvD9b5C5lFFRdtq-xGj25kIB1BLup2v-_olo9JFrV3uU9IugB_lQ4NjM3Rk3jHmszBrAp0l8CDqaJE-nmSdSKBFT0b/s640/a.png)
15 min charts:
- trend is up
- support 11450 F
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjZJRSc4O98OoMQcUS3ejyFfvEvnkodYUPjMDVMUIgscb5TMS82ZJe0Q6ynk4_kdCS3yON5XWdfRyqzR1-VYhLNX_w4Kbf8ppcQN2ulLSDF7atjS0adPO4uBY6Mm6BkuhH93sie95pCotju/s640/a.png)
- trend is down on daily charts (whipsaw?)
- today markets closed 1.3% in positive at 11515
- AD was 2:1
- option writing support 11400
- markets completely negate down bar of 11 SEP
- so break above 11600 can lead to new highs
- this will effectively stop out the short trade of 11 SEP
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjoAClP_FZAGyuoGcrfkPkfrbw3pgpE3QAGEjzE1SMP-I2i8s-UFDMwrc-bh2bJ_EAchklSE7QqSfMlWzKKjHNFXek_tGm_Z2W6fO6LHjgKz7pHzUBbQ_u2V-teX1V0cIqTxdyhRkd6AjZD/s640/a.png)
5 min charts:
- nice breakout today
- buy in circled area
- cover at close
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgbC3u23tEXYfhZ-x1PKB785hEYnzZ3319Lp3S6duYONfQU0V1VH-XoFHrt4yxNDJphXh7aN4l8XVm79C2yJ2EiFhnMxBHBVOekErOr4OpXVr4EWyECb6OQNU8jpMGV_nUnq3jeM-wVovb9/s640/a.png)
- traded long today in 11500 CE
- booked loss in 11300 straddle
- made mistake of exiting short position in 11300 PE... should hv held till close
- another mistake was exiting part of 11500 CE near top of range.. should have waited till breakout
- this could have added atleast 5K more in profits
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg7eCaquxZ6GRaZ6LTyb9_RqVARisInTUZMs63wbIJDfq0Bj7icoOjvD9b5C5lFFRdtq-xGj25kIB1BLup2v-_olo9JFrV3uU9IugB_lQ4NjM3Rk3jHmszBrAp0l8CDqaJE-nmSdSKBFT0b/s640/a.png)
15 min charts:
- trend is up
- support 11450 F
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjZJRSc4O98OoMQcUS3ejyFfvEvnkodYUPjMDVMUIgscb5TMS82ZJe0Q6ynk4_kdCS3yON5XWdfRyqzR1-VYhLNX_w4Kbf8ppcQN2ulLSDF7atjS0adPO4uBY6Mm6BkuhH93sie95pCotju/s640/a.png)
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