Bearish view
Intra Day Chart Analysis & Market Outlook
(01-03-2018)
Nifty-Intra Day Chart (28-Feb-2018):-
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| Just click on chart for its enlarged view |
1- Selling between 10490-10508
2- Up moves in Bearish Rising Channel
3- volatility in last hours
4- Whole day actual trading between 10462-10535
Conclusions from intra day chart analysis
As crashing like situation in all Global markets therefore huge gap down opening and intraday selling patterns formations also therefore view will be Bearish.
Good news of India replaces China as world's fastest growing economy after GDP growth at 7.2% in Q3 therefore volatility may remain high tomorrow also but until Nifty will not sustain above today highest till then decisive up moves will not be seen.