Finally fresh up moves after 1/2 sessions consolidation
Intra Day Chart Analysis & Market Outlook
(27-11-2019)
Nifty-Intra Day Chart (26-Nov-2019):- |
| Just click on chart for its enlarged view |
1- Selling between 12064-12132
2- Maharashtra Govt. news led volatility in last hour
3- Whole day actual trading between 12007-12132
Conclusions from intra day chart analysis
Although new life time highest formation immediately after opening but fresh selling developed and market slipped from higher levels as well as Nifty closed in negative zone today.
As some intraday selling today and Short Term Indicators have also turned over bought therefore Very Short Term correction may be seen but until complete selling patterns will not develop on intraday and EOD charts till then decisive down moves will not be seen and finally fresh up moves are expected after 1/2 sessions consolidation.