June 1, 2020

Market outlook

Daily charts:
- nifty is trading sideways and is now at upper end of trading range
- today nifty opened gapup and closed 2.6% in positive at 9826
- AD was 5:1

- good level for contra traders to be short 
- you are very close to SL (10000)
- I am not a positional trader in nifty 




5 min charts:
- avoid trading if SL is too deep
- or cut down position size to reflect deep SL


15 min charts:



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