February 14, 2020

Market outlook

Daily charts:
- trend is down on daily charts
- today nifty closed 0.5% in negative at 12113
- AD was 1:2 (not bad)

- nifty is having difficult sustaining above 12200
- third attempt failed

3 min charts:
- ignored first long trade as SL was too deep
- traded short as per signal shown
- however move was too fast and so got lesser profits than possible
- did nothing thereafter

Chart with kplswing indicator

30 min charts show rangebound market

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