This is for education purpose only and may not be useful for trading
Daily charts: Markets now rangebound for over 15 trading days and are at same level they were 
on 12-JAN. Last 5 trading days have alternate up/ down days with gaps thus highlighting precarious nature of markets.
2 day swing indicators are likely to whipsaw in the short term.
Weekly charts: rangebound between 2600 and 3150.
20 day swing : in sell mode (SL 3150). The earlier BUY signal has failed.
on 12-JAN. Last 5 trading days have alternate up/ down days with gaps thus highlighting precarious nature of markets.2 day swing indicators are likely to whipsaw in the short term.
Weekly charts: rangebound between 2600 and 3150.
20 day swing : in sell mode (SL 3150). The earlier BUY signal has failed.
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