Some Down moves after Higher Levels Selling
Intra Day Chart Analysis & Market Outlook
(03-07-2015)
Nifty-Intra Day Chart (02-Jul-2015):- |
| Just click on chart for its enlarged view |
1- Selling Patterns between 8461-8479(Immediate Resistances)
2- Whole day actual trading between 8434-8479
Conclusions from intra day chart analysis
Whole day sideways trading within 45 points with higher levels selling Patterns formations therefore expected that Nifty will slip below today lowest(8433.20). If follow up selling develop tomorrow then deeper correction will be considered because today selling was seen within previous resistance range(8440-8486).