September 18, 2019

Market outlook

Daily charts:
- trend is down on daily charts
- today nifty closed 0.2% in positive at 10840
- AD was flat

- VIX down 5%
- option writers expect 10800 to hold




3 min charts:
- there were 2 short trades and 1 long trade
- I traded the long trade (first signal)

- note support was at prev day low and resistance defined around 10900 F

- for tomorrow, support is 10825 and resistance around 10900 F
- these are today's low and high levels
- I will be watching for signals around these levels and will trade






No comments:

Post a Comment