Daily charts:
- trend is up on daily charts
- today nifty closed 0.25 in negative at 11968
- AD was 4:5
- this month, nifty has closed not even once above 12000
- option writers would have made excellent money selling 12000 CE
- they were also selling 11800 PE and 11900 PE
- even today, highest OI is still at 12000 CE
3 min charts:
- shorted somewhere in first 20 min
- stopped out at 10 points loss
- did nothing thereafter
- market was very rangebound
- trend is up on daily charts
- today nifty closed 0.25 in negative at 11968
- AD was 4:5
- this month, nifty has closed not even once above 12000
- option writers would have made excellent money selling 12000 CE
- they were also selling 11800 PE and 11900 PE
- even today, highest OI is still at 12000 CE
3 min charts:
- shorted somewhere in first 20 min
- stopped out at 10 points loss
- did nothing thereafter
- market was very rangebound
