Daily charts:
- trend is up on daily charts
- today NF closed flat at 11019
- AD was 1:2
- this is second consecutive close above 11000
- gap providing support
- but we have 3 gaps this month
- option writers still bullish... aggressive put writing seen
- option writing support 10600
- Selling continues in midcaps and small caps
5 min charts:
- first day trades using first hour high low strategy
- short signal at 10.10 am bar (11013) SL 11060 F
- cover at close at (11020)
- loss 7 points
My trade sheet - small loss in puts. My set limit for loss is 2500/- for a day.
Chart:
Same chart with kplswing indicator
15 min chart:
- indicator gives a sell as market is rangebound and trading within prev day's range
- trend is up on daily charts
- today NF closed flat at 11019
- AD was 1:2
- this is second consecutive close above 11000
- gap providing support
- but we have 3 gaps this month
- option writers still bullish... aggressive put writing seen
- option writing support 10600
- Selling continues in midcaps and small caps
5 min charts:
- first day trades using first hour high low strategy
- short signal at 10.10 am bar (11013) SL 11060 F
- cover at close at (11020)
- loss 7 points
My trade sheet - small loss in puts. My set limit for loss is 2500/- for a day.
Chart:
Same chart with kplswing indicator
15 min chart:
- indicator gives a sell as market is rangebound and trading within prev day's range
