November 6, 2019

Market outlook

Daily charts:
- trend is up on daily charts
- today nifty closed 0.4% in positive at  11961
- AD was flat

- "outside" bar formed
- tussle between bulls and bears going on

- option writing support 11900 resistance 12000 (highest OI in calls)




3 min charts:
- 11900 was expected to hold because of put writing
- traded long as per arrow
- excellent day

- decision levels for tom 11880-12050 F



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