Next big moves confirmation from next last Supports
Intra Day Chart Analysis & Market Outlook
(24-04-2017)
Nifty-Intra Day Chart (21-Apr-2017):-
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| Just click on chart for its enlarged view |
1- More than 3 hours selling between 9148-9165
2- Last hour up moves in Bearish Rising Channel
3- Whole day actual trading between 9089-9180
Conclusions from intra day chart analysis
As sufficiently good selling last Friday therefore correction continuation is expected towards next last supports(9025-9040) of previous 26 sessions trading range(9020-9274) and finally sustaining beyond these supports will confirm next big moves because that will more than 26 sessions like big sideways market break out.