Daily charts:
- trend is up on daily charts
- today nifty closed 0.5% in positive at 10790.
- AD was 2:1
- support / swing low 10600 resistance 11000
- above levels have been tested multiple times
- if 10600 breaks, markets likely to retest 10000 (and break)
- first sign would be this current rally from 10600 stalling in next few days
5 min charts:
- traded long as 15/ 30 min charts were up
- long signal as per blue arrow; exit on trailing SL
30 min charts:
- trend is up on daily charts
- today nifty closed 0.5% in positive at 10790.
- AD was 2:1
- support / swing low 10600 resistance 11000
- above levels have been tested multiple times
- if 10600 breaks, markets likely to retest 10000 (and break)
- first sign would be this current rally from 10600 stalling in next few days
5 min charts:
- traded long as 15/ 30 min charts were up
- long signal as per blue arrow; exit on trailing SL
30 min charts:
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