Firstly watch levels after Rafale judgement led volatility
Intra Day Chart Analysis & Market Outlook
(15-11-2019)
(15-11-2019)
Nifty-Intra Day Chart (14-Nov-2019):-
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| Just click on chart for its enlarged view |
1- Slipping after flat opening
2- Up moves after Modi ji Govt favoring judgement on Rafale by Supreme Court
3- Slipping from higher levels
4- Up moves in Bearish Rising Channel
5- Whole day actual trading between 11803-11895
Conclusions from intra day chart analysis
As good selling yesterday therefore firstly slipping from higher levels after flat opening but up moves were also seen immediately after Modi ji Govt favoring judgement on Rafale by Supreme Court which could not sustain at higher levels and again slipped.
Although today positive closing was near the higher levels of the day but last hours Up moves were in Bearish Rising Channels and Supreme Court judgement led volatility was also seen in last 5 hours therefore firstly sustaining beyond today trading range should be watched tomorrow because technical positions reverses also in today like intraday volatility.