November 28, 2018

Market outlook

Daily charts:
- trend is up on daily charts
- today NF closed 0.4% in positive at 10729
- AD was 6:11

- option writing support 10000 resistance 10800




5 min charts:
- did not trade today for some unknown reason
- market was rangebound but it was just as easy to 10 points as lose 10 points in options
- trading range was 10700-10745 F



- though markets closed above open, the 10700 call closed below open
- tomorrow is expiry... if markets close around 10700, the entire premium will become nil






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