Emergence of Short Term down moves possibility
Intra Day Chart Analysis & Market Outlook
(12-09-2019)
Nifty-Intra Day Chart (11-Sep-2019):-
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| Just click on chart for its enlarged view |
1- Selling between 11036-11054
2- Whole day actual trading between 11012-11054
Conclusions from intra day chart analysis
As most Asian markets were Bullish and 2 were more than 1% up today morning therefore Green closing after whole day positive zone trading but higher levels selling patterns formations therefore emergence of Short Term down moves possibility.
As selling was seen above 10990 last Monday therefore once sustaining below it will mean sharp down moves.