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Short Term correction expectations
Intra Day Chart Analysis & Market Outlook
(17-12-2015)
Nifty-Intra Day Chart (16-Dec-2015):-
Just click on chart for its enlarged view
Technical Patterns and Formations in today intraday charts

1- Selling between 7756-7776
2- Whole day actual trading between 7716-7776

Conclusions from intra day chart analysis 

Although whole day positive zone trading after gap up opening today but selling at higher levels therefore Short Term correction of last 3 sessions rally is expected tomorrow despite whatsoever announcements from FOMC today Midnight and finally sustaining beyond 7722 will decide the fate of on going Pull back rally.
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