High Possibility of Slipping below Today Lowest(7201)
Intra Day Chart Analysis & Market Outlook
(23-02-2016)
Nifty-Intra Day Chart (22-Feb-2016):- |
| Just click on chart for its enlarged view |
1- Selling between 7230-7243
2- Selling between 7241-7252
3- Whole day actual trading between 7201-7252
Conclusions from intra day chart analysis
Although almost whole day positive zone trading and today closing with 23.80 gains but high possibility of slipping below today lowest(7201) in the coming 1/2 sessions because sufficiently good selling patterns formations today despite following Bullish moves in all Global markets at this moment:-
1- Dow's Futures now trading with 188 points up.
2- All the European markets are now trading with 1.15% to 2.57% gains.
3- All the Asian markets closed in Green and 3 markets closed with more than 0.93% gains today.