December 5, 2019

Market outlook

Daily charts:
- trend is up on daily charts
- today nifty closed 0.2% in negative at 12018
- AD was 4:5

- VIX was volatile... up 12% one time, it closed marginally in negative
- VIX has been volatile past few days

- today was weekly expiry day
- as expected, this happened between 12000 and 12100

- bias is bullish for next week with 12000 expected to hold




3 min charts:
- there were 2 short signals and 1 long signal
-  I traded long in calls but stopped due to wild swings in IV
-  arrows denote trades and short lines are SL

- today was actually a day of not trading




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