Up moves expectations towards next resistance range
Intra Day Chart Analysis & Market Outlook
(19-06-2019)
Nifty-Intra Day Chart (18-Jun-2019):- |
| Just click on chart for its enlarged view |
1- Lower levels consolidations after sharp falls
2- Down moves in Bullish Falling Channel
3- Up moves in Bearish Rising Channel
4- Whole day actual trading between 11642-11727
Conclusions from intra day chart analysis
Although higher levels minor selling but lower levels good consolidation was also seen today therefore some up moves are expected tomorrow towards next resistance range(11842-11882) and finally sustaining beyond this resistance range will confirm life of on going correction.