Rally continuation above life time highest
Intra Day Chart Analysis & Market Outlook
(13-07-2017)
Nifty-Intra Day Chart (12-Jul-2017):-
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| Just click on chart for its enlarged view |
1- Down moves in Bullish Falling Channel
2- Consolidation between 9788-9807
3- Whole day actual trading between 9788-9824
Conclusions from intra day chart analysis
Although good selling and closing near the lower levels of the day on 11-07-2017 but we following line in "Finally rally continuation after fresh consolidation"
finally rally will remain continued after fresh consolidation within next 2/3 sessions.
As sufficiently good consolidation on 12-07-2017 therefore expected that on going rally will continued above life time highest(9830.10) in the coming sessions.