October 15, 2020

NIFTY EOD charts

- trend is up on daily charts
- but today nifty had a big red bar
- as it closed 2.4% in negative at 11680
- AD was 1:3
- VIX jumped 9% to 22

- significant support is 11500
- going by 5 bar rule + big bar, you can assume SL hit today

- yesterday call writers got stopped out and
- today put writers got stopped out 



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