Market outlook

Daily charts:
- trend is down on daily charts
- today nifty closed 7% in positive at 8318
- AD was 11:7

- VIX down 8%

- 14 day ATR is 535
- swing highs (very approx) is at 9000, 10000
- no technical pullback/ relief rally seen in this correction so far
- the first buy signal will fail.




3 min charts:
- signals as shown
- rising wedge seen towards end of day



15 min charts:



30 min charts:
- falling wedge seen
-  rally possible till 10000