Daily charts:
- trend is down on daily charts
- today nifty closed 5.5% in positive at 8745
- AD was 2:1
- today was first day in 18-20 days where nifty closed above prev day high
- VIX dropped 7%
- too early to call a bottom
- some swing high needs to form for this and nifty should cross this
- nearest high is around 10000 level and this is a rough one
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgi3MJUTs2MP0PWzIOQZMVKCHUEm8FtQUGstyfPvZ3v-kFilMGl-nwNcn7vVlgNDeMxGbbtS0nVCMesu_Xv3ocrrOKi87s5X1342hZwoJF_0_SPh6ngCado4u669zdsSycOXzNGZIJfFX4_/s640/a.png)
3 min charts:
- traded long
- did not trade short
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgFGHywRip7oZh0s3vKW0IyUylgIujrmQRWrMGUa3rR8ECthT-xZpFj9mP8w4nPtKf0jbD5FVL4IsL-kw5WRaHlSukYmP20tYtLWUxY5pk2kchUEivN1L79wHsHLVPu9z1mYfL2CBYB-lBa/s640/a.png)
15 min charts:
- current rally looks corrective
- have doubts if this will sustain
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiUjKQYVGm5e1xgEQKDcAY0LrxmNxEauyMjCnyuTS0RmpQA_-6Odf_ozyNBjQp_YaC7RgwjGoLX99D30d75mKDjli_E2K9Yu7pxqlPNeaSA0feMBr7pCD9CvysBgAwOLu87ZsKc9yTSj5Im/s640/a.png)
- trend is down on daily charts
- today nifty closed 5.5% in positive at 8745
- AD was 2:1
- today was first day in 18-20 days where nifty closed above prev day high
- VIX dropped 7%
- too early to call a bottom
- some swing high needs to form for this and nifty should cross this
- nearest high is around 10000 level and this is a rough one
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgi3MJUTs2MP0PWzIOQZMVKCHUEm8FtQUGstyfPvZ3v-kFilMGl-nwNcn7vVlgNDeMxGbbtS0nVCMesu_Xv3ocrrOKi87s5X1342hZwoJF_0_SPh6ngCado4u669zdsSycOXzNGZIJfFX4_/s640/a.png)
3 min charts:
- traded long
- did not trade short
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgFGHywRip7oZh0s3vKW0IyUylgIujrmQRWrMGUa3rR8ECthT-xZpFj9mP8w4nPtKf0jbD5FVL4IsL-kw5WRaHlSukYmP20tYtLWUxY5pk2kchUEivN1L79wHsHLVPu9z1mYfL2CBYB-lBa/s640/a.png)
15 min charts:
- current rally looks corrective
- have doubts if this will sustain
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiUjKQYVGm5e1xgEQKDcAY0LrxmNxEauyMjCnyuTS0RmpQA_-6Odf_ozyNBjQp_YaC7RgwjGoLX99D30d75mKDjli_E2K9Yu7pxqlPNeaSA0feMBr7pCD9CvysBgAwOLu87ZsKc9yTSj5Im/s640/a.png)
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