Very Short Term correction expectations
Intra Day Chart Analysis & Market Outlook
(28-04-2017)
Nifty-Intra Day Chart (27-Apr-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- Support between 9335-9343
4- Selling between 9356-9366
Conclusions from intra day chart analysis
Although some consolidation and supports also between 9335-9343 but sufficiently good selling was seen today therefore Very Short Term correction is expected in the coming sessions.