June 12, 2019

Market outlook

Daily charts:
- trend is up on daily charts
- today nifty closed 0.6% in negative at 11906
- AD was 7:10 (not bad)
- VIX is falling in this correction (good for bulls)

- support 11500-11800 resistance 12200




5 min charts:
- missed first short trade
- took next short trade after 10 am; stopped out at breakeven
- ignored long trade as market was becoming rangebound

- tomorrow, holding above 11940 can be bullish



15 min charts:

No comments:

Post a Comment