Finally rally will remain continued above 9150 despite whatsoever decision by FOMC tonight
Nifty-Intra Day Chart (15-Mar-2017):-
Technical Patterns and Formations in today intraday charts
1- Up moves in Bearish Rising Channel
2- Down moves in Bullish Falling Channel
3- Whole day actual trading between 9076-9106
Intra Day Chart Analysis & Market Outlook
(15-03-2017)
Nifty-Intra Day Chart (15-Mar-2017):-
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| Just click on chart for its enlarged view |
1- Up moves in Bearish Rising Channel
2- Down moves in Bullish Falling Channel
3- Whole day actual trading between 9076-9106
Conclusions from intra day chart analysis
Although firstly up moves in Bearish Rising Channel but Down moves in Bullish Falling Channels were also seen therefore high possibility of rally continuation above today highest despite today closing near the lower levels of the day. As sufficiently good intraday consolidation patterns formations in last 2 sessions therefore it is confirm that finally rally will remain continued above 9150 despite whatsoever decision by FOMC tonight.