Market outlook

Daily charts:
- trend is down on daily charts
- today NF closed 1.5% negative at 10975
- AD wsa 1:5

- this was first close in 3 months below 11000
- Friday's low at 10866 not broken as yet

- highest OI at 11000 PE
- not sure how to read this.





5 min charts:
- did not trade the short side
- in 11100 PE costing 80, the SL was 40 points... too high

- bought 1 lot 11200 CE in last 30 min
- and also NIFTYBEES for long term



15 min charts:
- trend is down
- SL around 11060F