March 23, 2020

Market outlook

Daily charts:
- trend is down on daily charts
- today nifty closed 13% in negative at 7610
- AD was 1:17

- nifty is month to date down by 32%
- this is clearly a record

- swing high dropped from 11500 to 10000 to 9000
- dotted lines are plotted

- ATR is 525 points or 7%
- anyone following ATR based SL has to keep min SL 1050 points

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