November 29, 2019

Market outlook

Daily charts:
- trend is up on daily charts
- today nifty closed 0.8% in negative at 12056
- AD was flat (good sign)
- 12000 retested and still holding (good sign)




3 min charts:
- shorted as per arrow
- covered part at 12125 and rest around 12120 F
- long trade was closed at small loss

- missed long trade around 12050-60F
- confusion was I did not keep a track on nifty spot chart
- here low was 20 points away from 12000





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