Daily charts:
- trend is up on daily charts
- today nifty closed 0.3% in negative at 11017
- AD was 1:2
- this month, nifty is trading between 10800 and 11200
- but actual net move on closing basis shows no progress
- net move so far is less than 1%
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi1HlQPzk2gvjnCHM8DeSeh6qt-Y4I8jDTPgfFQQ8843uP2vb-mpWK7iHoe60cj-9FSH-Aw_aPfxBtTVWLa5vf4-mJs-Y5A8V_3kPBpWcKk9SrNbE4rGI_A196MA8itPbMQerkTSdih6gPO/s640/a.png)
3 min charts:
- ignored 1st short trade as markets were very close to 11000
- in hindsight, one could have still earned at least 20 points
- traded long on breakout; unfortunately breakout bar was too big
- covered half at day's high (resistance) and rest at breakeven
- did nothing thereafter
- in hindsight, every trade offered 20 points of profit
- there were 4 such trades
- this is rare
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgovshV2I8GVZGfD1hjOiJE4ICD4SIT8xQx6ebweApAhCtrt1In3XDfzaeCYjS0BCZiFdYZ9i_ChwCkmUA3ohGGv2p3ZMG5NAAraFA4Z7ysW0Odtxw_ohwGR4winTIhDU4OZJgLmZroArrl/s640/a.png)
Same chart with kplswing indicator
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjLxOgAEnIh_rNGRexygmO1vcPmRoKvoPRFZkK4uGm4AltPO6qsI0FY-q7tq1RXLKDTiRFZp6DnwAq5s6cWbHpmH9rjxlQhKYuOutSwZlj87L6l9f8UYR__xJtUlAKpVhaBaeNl_52D_wTM/s640/a.png)
- trend is up on daily charts
- today nifty closed 0.3% in negative at 11017
- AD was 1:2
- this month, nifty is trading between 10800 and 11200
- but actual net move on closing basis shows no progress
- net move so far is less than 1%
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi1HlQPzk2gvjnCHM8DeSeh6qt-Y4I8jDTPgfFQQ8843uP2vb-mpWK7iHoe60cj-9FSH-Aw_aPfxBtTVWLa5vf4-mJs-Y5A8V_3kPBpWcKk9SrNbE4rGI_A196MA8itPbMQerkTSdih6gPO/s640/a.png)
3 min charts:
- ignored 1st short trade as markets were very close to 11000
- in hindsight, one could have still earned at least 20 points
- traded long on breakout; unfortunately breakout bar was too big
- covered half at day's high (resistance) and rest at breakeven
- did nothing thereafter
- in hindsight, every trade offered 20 points of profit
- there were 4 such trades
- this is rare
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgovshV2I8GVZGfD1hjOiJE4ICD4SIT8xQx6ebweApAhCtrt1In3XDfzaeCYjS0BCZiFdYZ9i_ChwCkmUA3ohGGv2p3ZMG5NAAraFA4Z7ysW0Odtxw_ohwGR4winTIhDU4OZJgLmZroArrl/s640/a.png)
Same chart with kplswing indicator
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjLxOgAEnIh_rNGRexygmO1vcPmRoKvoPRFZkK4uGm4AltPO6qsI0FY-q7tq1RXLKDTiRFZp6DnwAq5s6cWbHpmH9rjxlQhKYuOutSwZlj87L6l9f8UYR__xJtUlAKpVhaBaeNl_52D_wTM/s640/a.png)
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