Daily charts:
- trend is down on daily charts
- today nifty opened gap own and closed 8% in negative at 9197
- AD was 1:5
- new swing high formed around 10000
- VIX jumps 16% to 60
- this makes options extremely expensive
- ATR(14) at 410...
- I expect markets to trade within 8500 and 10000
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhSPA7C9upfmJ1A5is-GagvA8rECVjEEzO0C9fcIsqBmWJa1J86xP5ye-q7DCEAbekBHUSESnNJsgrDe-NkWJOmN4ksxyVjVEisLL8zogAEBZYet-Fru7JcPl6BJc1tU-6KZS5buMv674K-/s640/a.png)
3 min charts:- took short position near arrow
- covered around 9100
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjFHuE6ja0K54L6sDMj1vcadaNvUmYLkYk8Yf8Y2Ws2qYrteMXuBkx6oQV-jrX4Wu-1PsVhVVewPE42pptB1AsvTXsdfeg-6K7yNMPcs-wxCxL_BoGuF_TvQsHf_PNQXlF4kuvrn7G5xR5F/s640/a.png)
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