January 3, 2020

Market outlook

Daily charts:
- trend is up on daily charts
- today nifty closed 0.5% in negative at 12227
- AD was flat (good sign)

- VIX up 10% (bad sign)

- NIFTY PE 28% (bad sign)





3 min charts:
- did not trade today
- market after fall was choppy (missed the first short and then later entry did not make sense)



Same chart with swing indicator

No comments:

Post a Comment