April 30, 2020

Market outlook

Daily charts:
- trend is up on daily charts
- today nifty closed 3.2% in positive at 9860
- AD was 3:2

- swing low 9000
- option writing support 9500

- today was monthly expiry
- while close was 3.2% positive, OI was down 24%
- don't know what to make of this

- breakout above upper trendline of rising wedge
- resistance 10000 to 10300




5 min charts:



15 min charts:



No comments:

Post a Comment