May 22, 2020

Market outlook

Daily charts:
- trend is down on daily charts
- today nifty closed 0.7% in negative at 9040
- AD was 2:3

- detailed OI levels in separate post

5 min charts:
- trading range becoming small in past few days
- RBI meeting gave nice opportunity to short
- see failure of buy signal and big reversal bar

30 min charts:

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