July 13, 2020
July 12, 2020
July 11, 2020
NIFTY weekly charts
- spinning top formed
- small body means indecision between bulls and bears
- weakness only if 10500 breaks
July 10, 2020
No shame in taking losses
#MwmNuggets
— Madan (@madan_kumar) July 10, 2020
1/ I observe that new traders make each trade life or death. Too much emphasis on the current trade's outcome. It's just a profession of probabilities.
There is no shame in taking losses(small ones) - it's part of the job requirements to take MANY of them 😊
NIFTY EOD charts
- today nifty closed 0.4% in negative at 10768
- AD was 1:2
- doji formed (open = close)
- this entire week, nifty traded within 150 points range
- another small rising wedge developing since JUN
- break of 10500 will be confirmation
July 9, 2020
NIFTY EOD charts
- nifty closed 1% in positive at 10813
- AD was 5:4
- VIX dropped 4% to 25
- inside day formed
- markets rangebound for past 4 days
July 8, 2020
NIFTY EOD charts
- today nifty closed 0.9% in negative at 10706
- AD was 4:5
- VIX up 4% at 26
- support 10500
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