September 19, 2019

Market outlook

Daily charts:
- trend is down on daily charts
- today nifty closed 1.25% in negative at 10705
- AD was 4:13

- next support 10600 and then 10500
- this is another congestion area

3 min charts:
- yesterday I posted decision points/ levels
- today break of prev day low was sell signal
- but as this was close to 10800 F, I waited for break
- first short trade got stopped due to a silly SL
- repeated short, covered
- long trade stopped out (SL too deep this time)
- repeated shorts

- tomorrow I will watch for action around 10680 F (today's low)

same chart with kplswing

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