Finally Rally continuation after more down moves

Intra Day Chart Analysis & Market 

Outlook(28-07-2017)

Nifty-Intra Day Chart (27-Jul-2017):-

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Technical Patterns and Formations in today intraday charts

1- Selling between 10081-10114
2- Selling between 10067-10083
3- Sharp fall in last Hour
4- Whole day actual trading between 10006-10114

Conclusions from intra day chart analysis 

Although strong up moves after gap up opening but clear selling patterns formations between 10067-10114 therefore these levels be first and strong resistance and some more down moves will be seen below today lowest(10005.50) and towards next supports. 

As good selling today and strong supports are lying between 9952-9978 therefore Nifty will remain sideways and prepare for next decisive big moves between 9952-10114 and finally valid break out of these crucial levels will confirm next Trend.

Certainly fresh consolidation is firsty required for decisive up moves above today righest and also expected that finally rally will remain continued after fresh consolidation between 9952-10114 because any deeper correction van not be considered from only one day intraday selling and until complete follow up selling patterns will not develop on EOD charts till then any deeper correction will not be seen.

Finally rally continuation above 10000 after fresh consolidation

Intra Day Chart Analysis & Market

 Outlook(26-07-2017)

Nifty-Intra Day Chart (25-Jul-2017):-

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Technical Patterns and Formations in today intraday charts

1- Selling between 9868-9875
2- Consolidation between 9949-9961
3- Selling between 9873-9880
4- Whole day actual trading between 9949-10011

Conclusions from intra day chart analysis 

Although some selling in the first and last hours of the day but lower levels good consolidation also therefore expected that finally rally will remain continued above 10000 after fresh consolidation in the coming sessions. 

Just Watch levels for next Trend confirmations

Intra Day Chart Analysis & Market 
Outlook(24-07-2017)

Nifty-Intra Day Chart (21-Jul-2017):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Selling between 9906-9918
2- Lower levels consolidation between 9838-9868
3- Last hour Up moves in Bearish Rising Channel 
4- Whole day actual trading between 9838-9918

Conclusions from intra day chart analysis 

Following lines were told on 20-07-2017 in "Levels will confirm Short Term Correction beginning":-

down moves below today lowest(9863.45)can not be ruled out

Nifty slipped below 9863.45 after fresh selling between 9906-9918 and formed intraday lowest at 9838. Although first 2 hours selling and last hour Up moves in Bearish Rising Channel but lower levels also consolidation between 9838-9868 therefore last Friday trading will be understood Mixed Patterns formations between 9838-9918.  

As higher levels selling last Friday and next resistances upto 9928 are also above last Friday highest therefore follow up consolidation is firstly required for next decisive up moves above 9928. Expected that Nifty will firstly trade and prepare for next trend between 9838-9928 and its valid break out of should be firstly watched in the coming sessions for its confirmations.