Fresh down moves expectations
Intra Day Chart Analysis & Market Outlook
(15-10-2019)
Nifty-Intra Day Chart (14-Oct-2019):-Just click on chart for its enlarged view |
1- Minor supports at lower levels
2- Selling between 11392-11420
3- Selling between 11353-11378
4- Sharp fall in last hour
5- Whole day actual trading between 11290-11420
Conclusions from intra day chart analysis
As positive development in US-China Trade War last Friday therefore Asian markets were blasting today morning resultant positive opening of Indian markets.
Although firstly slipping and getting supports at lower levels but higher levels good selling therefore fresh down moves below today lowest are expected in the coming sessions.