July 30, 2019

Market outlook

Daily charts:
- trend is down on daily charts
- today nifty closed 1% in negative at 11085
- AD was 2:7

- 500+ stocks closed at new 52 week lows... capitulation?
- midcaps and smallcaps undergoing a lot of pain

- support 10600-11000 resistance 11500




3 min charts:
- long on first bar, stopped out on trailing
- long around 11180 F, stopped out on trailing
- short on break of 11180 F, exited on market close



15 min charts:



30 min charts:

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