Rally Continuation with Very Short Term correction possibility
Intra Day Chart Analysis & Market Outlook
(19-12-2019)
Nifty-Intra Day Chart (18-Dec-2019):- |
| Just click on chart for its enlarged view |
1- Whole day up moves with intraday corrections
2- Whole day actual trading between 12164-12237
Conclusions from intra day chart analysis
As whole day up moves with intraday corrections therefore on going rally will remain continued but Very Short Term correction is imminent which may be seen any day because Short Term Indicators have become over bought.