Intra Day Chart Analysis & Market
Outlook(16-09-2015)
Nifty-Intra Day Chart (15-Sep-2015):- |
| Just click on chart for its enlarged view |
1- Selling between 7855-7880
2- Selling between 7840-7853
3- Minor Head and Shoulders Pattern formations
4- Neckline broken down and closing below it today
5- Consolidation between 7819-7828
6- Consolidation between 7800-7816
7- Whole day actual trading between 7800-7880
Conclusions from intra day chart analysis
As higher levels selling and minor Head and Shoulders Pattern formations also therefore signals of fresh down moves but lower levels consolidation was also seen therefore today intraday patterns will be understood Mixed patterns formations and sustaining beyond today trading range should be firstly watched tomorrow for decisive big moves next Friday after FOMC meet on 17-09-2015.