Daily charts:
- trend is up on daily charts
- today nifty closed 3% in negative at 8981
- AD was 5:13
- note nifty did not breakout from rising wedge
- this severely limits upsides
- I will consider trend reversal on close below 8800
3 min charts:
15 min charts:
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi2M8DhsgHFOZ54B6pFqzMXB1gbNroqWbJrxNlyFF02lc1wSXqucixc_-9oTlWHKpQauy-AV4SleC8ke0e7aQ6qX9iRZ0evDVAJU76rn6tDFhzFwsG5i0GViazQc1ZyvHLsBTVTBQCEEPX8/s640/a.png)
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