January 13, 2020

Market outlook

Daily charts:
- trend is up on daily charts
- today nifty closed 0.6% in positive at 12329
- AD was 2:1

- swing low support 12000

- option writing support 12200

- note current area is a potential whipsaw zone




3 min charts:
- market was very rangebound
- no trades today
- hypothetical safe trade is as per arrow

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