June 4, 2019

Market outlook

Daily charts:
- trend is up on daily charts
- today nifty closed 0.6% in negative at 12022
- AD was 4:5

- support 11800-11500

5 min charts:
- took long signal; stopped out
- theta decay was v high thanks to holiday tomorrow and expiry the day after
- ideally one should avoid trading options on days like this

- on Thursday, I will ignore all signals within today's range

15 min charts:
- long trade stopped out on trailing SL
- now wait for new signal

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