December 4, 2019

Market outlook

Daily charts:
- trend is up on daily charts
- today nifty closed 0.4% in positive at 12043
- AD was 5:4

- VIX down 9%

- highest OI at 12000PE followed by 12100 CE
- difference is not much so bias can be neutral
- all positions are hedged in both directions




3 min charts:
- today was an exciting though tiring day
- traded short as per arrow
- markets going down and put also going down!
- exited immediately as this meant VIX was dropping fast
- traded long thrice as per arrows
- there were 2 loss making and 2 profit making trades
- traded last trades with small lots




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