October 15, 2019

Market outlook

Daily charts:
- trend is up on daily charts (from today)
- today nifty closed 0.8% in positive at 11428
- AD was flat

- VIX down 4%
- increased put writing seen at 11300 strike

3 min charts:
- traded long as per arrow, exited around 11460 F

- in hindsight, circled area was best region to go long
- reason: very close to SL 11400 F

- decision levels for tomorrow 11350, 11400 and 11480 F
- these are always the day's low, high and any round number in between
- all I do is use 3 bar swing near these levels to take a trade

with kplswing indicator

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