Market outlook

Daily charts:
- trend is up on daily charts
- today nifty closed 0.25% in positive at 11947
- AD was flat

- option writing support 11500 resistance 12000-12500

- today 20 stocks made 52 week highs and 90 stocks made 52 week lows





Same chart with kplswing indicator

5 min charts
- today decided not to trade
- may not trade tomorrow also

- today nifty spent max time around 11975... prev day high (F)
- a rally to 12000 saw fast selloff



Same chart with supertrend indicator (from chartink.com)

And with kplswing .. for comparison sake