Daily charts:
- trend is up on daily charts
- today nifty closed 1.3% in negative at 11440
- AD was 1:2
- VIX down 3% to 16%
- after a 1000 point rally in 2 days, a pause / correction is welcome
- deep support around 11200
- only negative today is 9% increase in nifty futures open interest
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiaDSe-YQpjej87NVRyCQzyiTlfXLmIvPuLbPdfCPHnhlnpGfjl1m6zbMPOaUpJ1XnOJlgR4n26g6OyWkPg9Bwf29Z9QRw8ljJspgoNjkaqFhYPqQMKF2xU5bMEPTwm0j8wmVlPpoPcq1S6/s640/a.png)
3 min charts:
- trades are as shown
- yesterday's low was 11560 so this was the trigger level
- ignored 1st short signal as SL was very deep
- took 2nd short, covered near 11500 F
- traded long, exited at breakeven
- took 3rd short and exited around 11460 F
- tomorrow decision levels are 11440 , 11500 and 10600 F
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg1YGiTSzwDcyk7cwvOijPLm2zozmES9_coVX1NX2e3PWRFOz1RB1cteyEK0NCdcdSZarK1yNSDvDlK5-7VPALblZsBjEe_r0ni35VVpAsYSzt95bG1ql3KEpuO0hyHxwsBmq_ENbjIp7j-/s640/a.png)
- trend is up on daily charts
- today nifty closed 1.3% in negative at 11440
- AD was 1:2
- VIX down 3% to 16%
- after a 1000 point rally in 2 days, a pause / correction is welcome
- deep support around 11200
- only negative today is 9% increase in nifty futures open interest
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiaDSe-YQpjej87NVRyCQzyiTlfXLmIvPuLbPdfCPHnhlnpGfjl1m6zbMPOaUpJ1XnOJlgR4n26g6OyWkPg9Bwf29Z9QRw8ljJspgoNjkaqFhYPqQMKF2xU5bMEPTwm0j8wmVlPpoPcq1S6/s640/a.png)
3 min charts:
- trades are as shown
- yesterday's low was 11560 so this was the trigger level
- ignored 1st short signal as SL was very deep
- took 2nd short, covered near 11500 F
- traded long, exited at breakeven
- took 3rd short and exited around 11460 F
- tomorrow decision levels are 11440 , 11500 and 10600 F
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg1YGiTSzwDcyk7cwvOijPLm2zozmES9_coVX1NX2e3PWRFOz1RB1cteyEK0NCdcdSZarK1yNSDvDlK5-7VPALblZsBjEe_r0ni35VVpAsYSzt95bG1ql3KEpuO0hyHxwsBmq_ENbjIp7j-/s640/a.png)
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