July 11, 2019

Market outlook

Daily charts:
- trend is down on daily charts
- today nifty closed .7% in positive at 11583
- AD was flat ... why?

- 14 stocks made 52 week highs and 176 stocks made 52 week lows

- VIX down 8%... why?
- does this mean no fear of any downside?
- or expectation of rangebound markets?





5 min charts:
- took long position as per 1st arrow
- exited around dotted line
- was not keen on 2nd long trade so ignored it
- I think this would have been a difficult trade



15 min charts:




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