Daily charts:
- trend is up on daily charts
- today nifty closed 0.6% in negative at 11590
- AD was flat
- note prev swing high around 11700
- and rally from 11200 to current levels was always with a higher low
- formation of "lower high lower low" for 2-3 days is healthy for any rally
- this has not happened so far and it does, it will be good for the market
- highest OI for this weekly series is at 11700 CE
- next highest OI is at 11600 PE
- tight trading range?
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEix0_deG-xq1fDq6_ar0mpnZt2zd8-y_5Gd0Jn9jQ8FmRuofPZHz_K7dY30Qu8ik_hw93ryXfbjcksxVlrBeeDCC_6kqn_eb5DFT9hwFRqw7htw5yczbyvt0L-7GlBIrlvAL7GJZx8-Z5OC/s640/a.png)
3 min charts:
- did not trade long
- breakout failure around 11700
- covered around 11650 F
- decision levels for tomorrow 11610-11720 F
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgSyrWyyWWZy7AXGFMt1xwurqwjkLu01dIAXCZxDl9ZKhgja-yn3NTgVR3bdeHqhz2eeMN-kKItdSyEbOKOhi03OsR98B1ThLchDbxybaKiL4qzqsFV7swIXOTDa8TB027_p-AXEsM2Qoyp/s640/a.png)
- trend is up on daily charts
- today nifty closed 0.6% in negative at 11590
- AD was flat
- note prev swing high around 11700
- and rally from 11200 to current levels was always with a higher low
- formation of "lower high lower low" for 2-3 days is healthy for any rally
- this has not happened so far and it does, it will be good for the market
- highest OI for this weekly series is at 11700 CE
- next highest OI is at 11600 PE
- tight trading range?
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEix0_deG-xq1fDq6_ar0mpnZt2zd8-y_5Gd0Jn9jQ8FmRuofPZHz_K7dY30Qu8ik_hw93ryXfbjcksxVlrBeeDCC_6kqn_eb5DFT9hwFRqw7htw5yczbyvt0L-7GlBIrlvAL7GJZx8-Z5OC/s640/a.png)
3 min charts:
- did not trade long
- breakout failure around 11700
- covered around 11650 F
- decision levels for tomorrow 11610-11720 F
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgSyrWyyWWZy7AXGFMt1xwurqwjkLu01dIAXCZxDl9ZKhgja-yn3NTgVR3bdeHqhz2eeMN-kKItdSyEbOKOhi03OsR98B1ThLchDbxybaKiL4qzqsFV7swIXOTDa8TB027_p-AXEsM2Qoyp/s640/a.png)
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