Market outlook

Daily charts:
- trend is up on daily charts
- today nifty closed 0.8% in negative at 11823
- AD was 5:12

- this week also, nifty could not close above 12000

- option writing support 11500 resistance 12000





5 min charts:
- markets very rangebound over past few days
- today ignored all signals
- no trades today
- even if I had traded all signals, the day would have been no profit no loss