Daily charts:
- trend is up on daily charts
- today nifty opened gapup but closed in negative at 10780
- AD was 5:13
- option writing resistance 11000
- VIX down 1%.. no fear?
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi_4lFzHR3mfioT41qDWFEhPl6I3q6DEdXjXvqAlVL1vwwohkMKHsCGFuaQBi29RCSb6mNutZ94uTvC3V_CqHTXdqoBA7gnDIVvJGiAKLY8vYHLbHHTxAh3j0SfX5Q5tB5BmBjuCjULqYM2/s640/a.png)
5 min charts:
- signals as per chart
- did not trade the short signal
- reason: markets are approaching end of triangle on hourly charts and
- whipsaws can increase
- policy of not trading in past 8-10 days has helped as there was no loss of money
- sitting in front of terminal whole day and doing nothing for days is very difficult but one must learn
- I think now markets may breakout from triangle and present good trading opportunities
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiRxJHGCx2XjJstXazjpDNAUcwxhClpH5ErM9PpOWJo-2bB89Ax9SM5q8qRWzv1wVdvxbcQV0Bu5uyHfv_hOB1qfsxf0cmAxUdQLYShh2Lh9ep7VyTy4SjnpgX5XYNNYK_o4icAZfS_LLSV/s640/a.png)
Hourly charts:
- show how rangebound the market has been this month
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiLBA-1z3KT_7ztbY3toh6NNQe8kNO7XIOsBNDwiguHr-0BXX3DzHY-yi1kMuMzrIi1P1e2iCDglFU6O6-T51JMulxD49xq-PSYI0p7sP0TCz9nMVX-xJ44fvM_QQXYjMacuK6Xnz614wTc/s640/a.png)
- trend is up on daily charts
- today nifty opened gapup but closed in negative at 10780
- AD was 5:13
- option writing resistance 11000
- VIX down 1%.. no fear?
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi_4lFzHR3mfioT41qDWFEhPl6I3q6DEdXjXvqAlVL1vwwohkMKHsCGFuaQBi29RCSb6mNutZ94uTvC3V_CqHTXdqoBA7gnDIVvJGiAKLY8vYHLbHHTxAh3j0SfX5Q5tB5BmBjuCjULqYM2/s640/a.png)
5 min charts:
- signals as per chart
- did not trade the short signal
- reason: markets are approaching end of triangle on hourly charts and
- whipsaws can increase
- policy of not trading in past 8-10 days has helped as there was no loss of money
- sitting in front of terminal whole day and doing nothing for days is very difficult but one must learn
- I think now markets may breakout from triangle and present good trading opportunities
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiRxJHGCx2XjJstXazjpDNAUcwxhClpH5ErM9PpOWJo-2bB89Ax9SM5q8qRWzv1wVdvxbcQV0Bu5uyHfv_hOB1qfsxf0cmAxUdQLYShh2Lh9ep7VyTy4SjnpgX5XYNNYK_o4icAZfS_LLSV/s640/a.png)
Hourly charts:
- show how rangebound the market has been this month
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiLBA-1z3KT_7ztbY3toh6NNQe8kNO7XIOsBNDwiguHr-0BXX3DzHY-yi1kMuMzrIi1P1e2iCDglFU6O6-T51JMulxD49xq-PSYI0p7sP0TCz9nMVX-xJ44fvM_QQXYjMacuK6Xnz614wTc/s640/a.png)
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