May 23, 2019

Market outlook

Daily charts:
- trend is up on daily charts
- today nifty opened with a  big gapup and closed deep in the red
- however lose was above 11600
- close was at 11657 (0.7% negative)
- AD was flat

- VIX down 30%.. options at more sensible pricing

- now election tamasha is over
- BJP is in majority again for 5 years
- so no uncertainty on political front

- today's "official" result was the trigger for "sell on good news"



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