Up Moves Expectations in the coming Couple of Sessions
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1- All the Down moves in Bullish Falling Channels
2- Whole day actual trading between 7773-7885
Conclusions from intra day chart analysis
Although whole day down moves with closing near the lower levels of the day yesterday but all the Down moves were in Bullish Falling Channels therefore a Bounce back is expected on "Diwali Muhurt session" between 05:45 PM and 06:45 PM today. As Oscillators are also oversold and above mentioned intraday consolidation patterns formations also therefore today started up moves continuation may be seen on 13-11-2015 also.