Correction continuation is expected towards 10000
Intra Day Chart Analysis & Market Outlook
(07-03-2018)
Nifty-Intra Day Chart (06-Mar-2018):-
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| Just click on chart for its enlarged view |
1- More than 4 hours seling between 10379-10441
2- Sharp fall in last hours
3- Whole day actual trading between 10216-10441
Conclusions from intra day chart analysis
As more than 4 hours seling between 10379-10441 therefore closing near lower levels of the day after sharp fall in last hours means that correction is very much on for which we are continuously from 28-01-2018.
last 18 sessions trading was between 10277-10637 and this range was broken down as well as today closing was below it therefore correction continuation is expected towards 10000.