December 31, 2019

Market outlook

Daily charts:
- trend is up on daily charts
- today nifty closed 0.7% in negative at 12168
- AD was 5:4 (good sign)

- VIX up 5%

- highest open interest 12300 CE (weekly expiry) and 12000 PE (monthly expiry)

- note trading range is 100 points in 2 days

- swing low around 12120 spot (hourly chart - https://www.tradingview.com/x/usaE5QLq/)





3 min charts:
- traded short twice as per arrow
- did not trade long



Same chart with kplswing indicator




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