Sustaining above 9936 will confirm strong Rally
Intra Day Chart Analysis & Market Outlook
(01-09-2017)
Nifty-Intra Day Chart (31-Aug-2017):-
 |
| Just click on chart for its enlarged view |
1- Consolidation between 9857-9871
2- Consolidation between 9871-9885
3- Up moves with intraday correction
4- Whole day actual trading between 9857-9925
Conclusions from intra day chart analysis
As good intraday consolidation and last half hour up moves with intraday correction also therefore up moves continuation is expected towards following resistances:-
1- 9910-9936
2- 10080-10130
As above resistances therefore follow up consolidation is must and once sustaining above 9936 will mean strong rally towards 2nd resistance(10080).