March 17, 2020

Market outlook

Daily charts:
- trend is down on daily charts
- today nifty closed 2.5% in negative at 8967
- AD was 1:2

- VIX now at 62

- swing high 10000
- support 8000-6400




3 min charts:
- took the first 2 short trades; exited on trailing
- missed the 3rd short trade
- nowadays trading in deep OTM options due to risk




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