Correction continuation towards next supports
Intra Day Chart Analysis & Market Outlook
(14-11-2019)
Nifty-Intra Day Chart (13-Nov-2019):- |
| Just click on chart for its enlarged view |
1- Selling between 11875-11946
2- Down moves in last hours
3- Whole day actual trading between 11824-11946
Conclusions from intra day chart analysis
As first 5 hours selling and continuous slipping therefore down moves were seen in last hours also.
No consolidation patterns formations and most crucial supports at 11850 broken down also today hence correction continuation is expected in the coming sessions which may be deeper also because next supports below today lowest are lying between 11500-11530.