February 14, 2019

Market outlook

Daily charts:
- trend is up on daily charts
- today nifty closed 0.4% in negative at 10746
- AD was flat

- many indices closed in positive indicating buying at lower levels

- option writing resistance 11000

- swing low at 10600





5 min charts:
- took short position around 10 am bar; stopped out
- ignored 2nd short signal as day's low did not break
- ignored 3rd short signal as market was very close to a support on hourly chart
- did not trade long signal ... don't know why but this trade would have been stopped out



15 min charts:



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