- today markets opened gapup down but closed flat at 10289
- AD was 5:4
- gapdown was because of prev day engulfing bar
- and bad global clues
- but the first bar saw lot of buying trapping the new short traders
- trading range was limited to 10200-10350
- going forward, I expect the lower trendline to offer support
- difficult to assign a value to this
No comments:
Post a Comment