Down Moves towards next supports
Intra Day Chart Analysis & Market Outlook
(29-11-2017)
Nifty-Intra Day Chart (28-Nov-2017):-
1- Selling between 10388-10409
2- Sharp fall
3- Last hours selling Patterns formation between 10356-10377
4- Whole day actual trading between 10356-10409
Conclusions from intra day chart analysis
Following lines were told yesterday in "Rally continuation after follow up consolidation":-
rally continuation is expected but follow up consolidation is must
As all the Asian markets were weak therefore firstly weaker opening and fresh selling was seen in place of follow up consolidation resultant sharp fall during Mid session. In last hours selling Patterns formation therefore down moves are expected towards following next supports:-
1- 10310-10338
2- 10268-10282