Today lowest will confirm Short Term correction beginning
Intra Day Chart Analysis & Market Outlook
(04-06-2020)
Nifty-Intra Day Chart (03-Jun-2020):- |
| Just click on chart for its enlarged view |
1- Sharp fall after strong opening
2- Whole day slow up moves
3- Sharp fall in last hour
4- Whole day actual trading between 10036-10176
Conclusions from intra day chart analysis
As all the Global markets were blasting therefore strong opening of Indian markets but firstly sharp fall immediately after opening and after that slow up moves were seen which is a selling pattern hence sharp fall again in last hour today.
Whole day today trading with volatility and some selling also is telling that follow up selling tomorrow and slipping below today lowest(10035.55) will mean Short Term correction beginning confirmation.