February 5, 2019

Market outlook

Daily charts:
- trend is up on daily charts
- today nifty closed marginally in positive at 10934
- AD was 5:12

- options: highest OI at 11000 in calls followed by 10700 in puts




5 min charts:
- rangebound market
- we had a breakout above 10950 F but did not make sense to trade it due to 11000 resistance

- no trades today




15 min charts:
- trailing SL now around 10900 F levels
- good support at 10830 F



No comments:

Post a Comment

Share this...