May 31, 2019

Market outlook

Daily charts:
- trend is up on daily charts
- today nifty closed 0.2% in negative at 11923
- AD was 1:2

- intraday swing was almost 200 points

- support 11800 resistance 12000





5 min charts:
- traded long; stopped out
- ignored first short signal
- later attempted to short but order did not get executed
- 140 points fall in 10 minutes was too fast
- I decided not to chase the market... how and where do I keep SL




No comments:

Post a Comment

Share this...