Pull back rally continuation expectations
Intra Day Chart Analysis & Market Outlook
(19-09-2019)
Nifty-Intra Day Chart (18-Sep-2019):- |
| Just click on chart for its enlarged view |
1- Down moves in Bullish Falling Channel
2- Lower levls supports between 10805-10825
3- Mixed Patterns formation between 10846-10873
4- Whole day actual trading between 10805-10885
Conclusions from intra day chart analysis
Although firstly slipping after positive opening and moving also in negative zone but getting continuous supports at lower levels therefore today started Pull back rally continuation is expected.
As Mixed Patterns formation between 10846-10873 also therefore follow up consolidation and once sustaining above 10873 will mean strong up moves towards and above 10950.