Market outlook

Daily charts:
- trend is down on daily charts
- today nifty closed 0.5% in positive at 12053
- AD was 2:1 (good)

- an inside bar/ day was formed

- VIX down 1.5%
- this is interesting as it was up 16% intraday
- anyone long in options at 16% IV has lost heavily on close

- highest OI at 12200 CE followed by 12000 PE in puts





3 min charts:
- took short trade at 12150 F
- covered around 12100 and 12120 F

- missed 2nd short trade as per arrow... this was a really safe trade

- today's intraday chart show falls are faster than intraday rallies