Daily charts
- trend is up on daily charts
- today markets closed in negative but AD was positive
- some selling/ lack of buying seen at higher levels
- option writing support 8600 and resistance 9000
5 min charts:
- markets broke first hour low
- but this was very close to prev day's low
- break of previous day's low attracted fresh buying
- markets traded in a range thereafter
- trend is up on daily charts
- today markets closed in negative but AD was positive
- some selling/ lack of buying seen at higher levels
- option writing support 8600 and resistance 9000
5 min charts:
- markets broke first hour low
- but this was very close to prev day's low
- break of previous day's low attracted fresh buying
- markets traded in a range thereafter
Sir expecting strong correction in October. Nifty might fall to 8300 odd levels.
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