February 19, 2019

Market outlook

Daily charts:
- trend is up on daily charts
- today nifty closed 0.3% in negative at 10604
- AD was 10:7

- midcap, small cap indices closed in positive

- markets at double bottom support at 10600
- signs of buying seen in past 2 out of 3 days on nifty (shadows on candlesticks)

- option writing: highest OI seen at 10800 CE in weekly series and 11000 CE in monthly series



Not posting intraday charts due to some issue with missing bars.

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