April 9, 2019

Market outlook

Daily charts:
- trend is up on daily charts
- today nifty closed 0.6% in positive at 11672
- AD was 4:5

- option writing support 11000-11500 resistance 12000





5 min charts:
- traded long for 20 points (fast trade)
- in hindsight, trailing SL would have given more profits
- but I exited due to selling at 11700 F levels

- breakout failure level of 11640 F would have given safe trade for TGT 11700 F






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