Daily charts:
- trend is down on daily charts
- today nifty closed 4% at 8641
- AD was 13:5
- VIX dropped 8% to 71
- I think we are seeing bear market rally or technical pullback
- this will not be a time to start investing (except SIP in mutual funds)
- resistance 10000
3 min charts:
- traded long as per arrows
- only one trade today
- trend is down on daily charts
- today nifty closed 4% at 8641
- AD was 13:5
- VIX dropped 8% to 71
- I think we are seeing bear market rally or technical pullback
- this will not be a time to start investing (except SIP in mutual funds)
- resistance 10000
3 min charts:
- traded long as per arrows
- only one trade today
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