Down Moves Expectations
Intra Day Chart Analysis & Market Outlook
(01-09-2016)
Nifty-Intra Day Chart (31-Aug-2016):-
 |
| Just click on chart for its enlarged view |
1- Selling between 8778-8801
2- Up moves in Bearish Rising Channel
3- Selling between 8802-8819
4- Whole day actual trading between 8755-8819
Conclusions from intra day chart analysis
Although whole day Green zone trading and 0.42% positive closing as well but sufficiently good intraday selling patterns formations today therefore some down moves are being expected in the coming sessions.