Daily charts
- trend is down on daily charts
- today, markets closed below 8500 (weekly close)
- advance decline was negative, VIX up marginally
- on bright side, markets still trading withing falling channel.
- downside break from channel can mean a correction to 8200-8000 levels
- option writing support 8200 (NOV series)
- trend is down on daily charts
- today, markets closed below 8500 (weekly close)
- advance decline was negative, VIX up marginally
- on bright side, markets still trading withing falling channel.
- downside break from channel can mean a correction to 8200-8000 levels
- option writing support 8200 (NOV series)
