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Down moves continuation expectations

Down moves continuation expectations
Intra Day Chart Analysis & Market Outlook
(01-01-2020)
Nifty-Intra Day Chart (31-Dec-2019):-
Just click on chart for its enlarged view
Technical Patterns formation in today intraday charts

1- Selling between 12197-12240
2- Down moves in last hours
3- Whole day actual trading between 12152-12240

Conclusions from intra day chart analysis 

As more than 5 hours selling therefore down moves were seen in last hours and its continuation is expected in the coming sessions.