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Deeper Correction Confirmations from 8604 amid More Down Moves Possibility
Intra Day Chart Analysis & Market Outlook
(23-08-2016)
Nifty-Intra Day Chart (22-Aug-2016):-
Just click on chart for its enlarged view
Technical Patterns and Formations in today intraday charts

1- Slipping fast after flat opening
2- Up moves in Bearish Rising Channel
3- Whole day actual trading between 8614-8684

Conclusions from intra day chart analysis 

Firstly Slipping fast after flat opening and Up moves in Bearish Rising Channel also during last trading hours therefore more down moves can not be ruled out in the coming sessions. As deeper correction will get confirmations after breaking down confirmation of last 6 sessions trading range lowest(8604) therefore should also be watched for its confirmations.
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