Rally continuation towards next strong resistances
Intra Day Chart Analysis & Market Outlook
(13-10-2017)
Nifty-Intra Day Chart (12-Oct-2017):-
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| Just click on chart for its enlarged view |
1- More than 4 hours consolidation between 10008-10036
2- Up moves with intraday corrections
3- Whole day actual trading between 9978-10104
Conclusions from intra day chart analysis
Firstly more than 4 hours consolidation and after that strong rally as well as no intraday selling patterns formations therefore on going rally continuation is expected towards next strong resistances(10140-10171) in the coming sessions.