Down Moves expectations
Intra Day Chart Analysis & Market Outlook
(23-11-2017)
Nifty-Intra Day Chart (22-Nov-2017):-
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| Just click on chart for its enlarged view |
1- Sharp down after positive opening
1- Up moves in Bearish Rising Channel
3- Whole day actual trading between 10310-10368
Conclusions from intra day chart analysis
Although Green closing after most time positive zone trading but whole day selling patterns formations therefore firstly down moves are expected and finally sustaining below 10262 will mean deeper correcttion.