Finally rally continuation despite crashing like US markets

Intra Day Chart Analysis & Market Outlook

(06-09-2017)

Nifty-Intra Day Chart (05-Sep-2017):-

Just click on chart for its enlarged view

Technical Patterns formation and Formations in today intraday charts

1- Consolidation between 9931-9948
2- Up moves with intraday correction
3- Consolidation Patterns formations in last hour
4- Whole day actual trading between 9902-9963

Conclusions from intra day chart analysis 

As whole day intraday consolidation Patterns formations therefore finally rally continuation is expected above today highest(9963.10) in the coming 1/2 sessions despite crashing like US markets at this moment(Dow Jones is now trading 185 points down)

Firstly watch levels for next Big moves

Intra Day Chart Analysis & Market Outlook

(05-09-2017)

Nifty-Intra Day Chart (04-Sep-2017):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Selling between 9937-9967
2- Sharp down in Mid-Session
3- Last 3 hours trading with Mixed Patterns formation between 9861-9923
4- Whole day actual trading between 9861-9967

Conclusions from intra day chart analysis 

As North Korea’s hydrogen-bomb test and after that warns also to launch ICBM therefore sentiment was extremely depressed today morning and resultant all the Asian markets trading in negative zone as well as some were in deep Red therefore weaker opening of Indian markets. 

Firstly 2 hours selling and after that sharp down in Mid-Session but last 3 hours trading with Mixed Patterns formation between 9861-9923 therefore firstly valid break out of these levels should be watched tomorrow for next decisive moves first signal. As some support at lower levels after good selling at higher levels therefore Nifty will firstly trading within today trading range and prepare for next Short Term Trend as well as finally sustaining beyond today trading range will confirm it.

Last 17 sessions sideways trading between 9686-9983 and finally sustaining it beyond will confirm the life of on going correction as well as next Big moves therefore should be firstly watched in the coming sessions.

As out of station therefore Stock Market Outlook of today(04-09-2017) is not being updated.

Sustaining above 9936 will confirm strong Rally

Intra Day Chart Analysis & Market Outlook

(01-09-2017)

Nifty-Intra Day Chart (31-Aug-2017):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Consolidation between 9857-9871
2- Consolidation between 9871-9885
3- Up moves with intraday correction
4- Whole day actual trading between 9857-9925

Conclusions from intra day chart analysis 

As good intraday consolidation and last half hour up moves with intraday correction also therefore up moves continuation is expected towards following resistances:-

1- 9910-9936
2- 10080-10130

As above resistances therefore follow up consolidation is must and once sustaining above 9936 will mean strong rally towards 2nd resistance(10080).

Firstly Watch Levels after Korea news based last 2 sessions volatility

Intra Day Chart Analysis & Market Outlook

(31-08-2017)

Nifty-Intra Day Chart (30-Aug-2017):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Consolidation between 9869-9882
2- Selling between 9889-9909
3- Whole day actual trading between 9851-9909

Conclusions from intra day chart analysis 

As UN Security Council unanimously condemned North Korea's firing of a ballistic missile and expressed "its commitment to a peaceful, diplomatic and political solution" therefore conclusion of no risk of immediate war resultant all the Asian markets were trading positive after Green closing of US markets while Dow's Futures was trading more than 120 points down during Indian markets trading hours yesterday. 

Last 2 sessions trading was completely North Korea ballistic missile fire news based in which sharp down yesterday and strong recovery after strong opening today but some selling was also seen below 9909 today. As some consolidation also developed above 9869 therefore firstly valid break out of 9869-9909 should be watched tomorrow for next decisive moves towards(9782 or 9936) 

Following lines were told on 27-08-2017 in "Firstly watch levels for correction continuation/completion" and being repeated as final conclusion after last 13 sessions sideways market:-

Previous 10 sessions trading between 9686-9948 and finally sustaining it beyond will decide the life of on going correction

As busy therefore Stock Market Outlook of today(30-08-2017) is not being updated.

Pre-open Outlook(29-08-2017)

As North Korea launched missile which flew over Japan therefore Dow's Futures is trading more than 100 points down today morning and resustant all the Asian markets are trading in negative zone. 

Certainly sentiment is depressed and Indian markets will also open weak but good intraday consolidation between 9894-9925 yesterday therefore until Nifty will not sustain below 9894 till then decisive down moves will not be seen and firstly sustaining it below should be watched today for fresh down moves confirmations.

9936 will confirm strong up moves towards 2nd resistance

Intra Day Chart Analysis & Market Outlook

(29-08-2017)

Nifty-Intra Day Chart (28-Aug-2017):-

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Technical Patterns and Formations in today intraday charts

1- Consolidation between 9894-9925
2- Whole day actual trading between 9882-9925

Conclusions from intra day chart analysis 

As most positive news of "Indo-China agreement of 'expeditious disengagement' of Doklam border dispute" therefore firstly gap up opening and after that more than 5 hours consolidation between 9894-9925 today which means that on going Pull Back rally continuation towards following resistances:-

1- 9910-9936
2- 10080-10130

Above resistances were updated on 23-08-2017 in "Strong indications of fresh rally after correction completion" and consolidation was seen within 1st resistance range today therefore expected that rally will remain continued towards 2nd resistance range but follow up consolidation is must and once sustaining above 9936 will mean strong up moves towards 2nd resistance(10080).

Firstly watch levels for correction continuation/completion

Intra Day Chart Analysis & Market Outlook

(28-08-2017)

Nifty-Intra Day Chart (24-Aug-2017):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Selling patterns formation between 9857-9867
2- Volatility in last 3 hours
3- 8 Times supports at lower levels of the day
4- Whole day actual trading between 9849-9881

Conclusions from intra day chart analysis 

Whole day sideways trading within 32 points with some selling but 8 times supports also at lower levels of the day therefore last Friday trading will be understood with Mixed patterns formations. As volatility also in last 3 hours and technical positions reverses also during such volatility therefore valid break out of last Friday trading range should be firstly watched for next decisive moves confirmations.

Certainly correction is on and no confirmation of its completion yet but good consolidation between 9750-9815 in previous week therefore until complete selling will not develop till then Nifty will not sustain below 9750.

Previous 10 sessions trading between 9686-9948 and finally sustaining it beyond will decide the life of on going correction therefore Nifty will trade and prepare for it within this range in the next 2/3 sessions. Let markets prepare then will be undated according to intraday patterns formations and firstly mentioned levels should also be watched in next week for correction continuation/completion.

Post-open Outlook(24-08-2017)

Although positive zone trading since gap up opening today but required strength is not seen therefore sustaining above today highest(9881.50) should be firstly watched for first strong signal of on going correction completion and sustaining above next resistance(9910-9936) is must for fresh rally after correction completion.

Strong indications of fresh rally after correction completion

Intra Day Chart Analysis & Market Outlook

(24-08-2017)

Nifty-Intra Day Chart (23-Aug-2017):-

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Technical Patterns and Formations in today intraday charts

1- 5 Hours consolidation between 9787-9815
2- Strong rally in last hour
3- Whole day actual trading between 9787-9857

Conclusions from intra day chart analysis 

As good consolidation below 9815 today and yesterday therefore strong recovery from lower levels and today closing near the higher levels of the day. Certainly correction is on and no confirmation of its completion yet but good consolidation between 9750-9815 in last 2 sessioons therefore strong indications of correction completion today and sustaining above following resistances should be watched in the coming sessions for fresh rally after correction completion:-

1- 9910-9936
2- 10080-10130

As out of station therefore Stock Market Outlook of today(23-08-2017) is not being updated but tomorrow outlook will be updated positively.

As busy therefore Stock Market Outlook of today(22-08-2017) is not being updated.

Firstly Watch levels for the life of on going correction

Intra Day Charts Analysis & Market Outlook

(18-08-2017)

Nifty-Intra Day Chart (Aug 17 & Aug 18,2017)

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Technical Patterns and Formations in last 2 Sessions intraday charts

1- Selling between 9915-9940 on 17-08-2017
2- Consolidation between 9784-9825 on 18-08-2017
3- 2 Sessions actual trading between 9784-9940 

Conclusions from 2 Sessions intra day chart analysis 

As last 2 sessions trading between 9784-9940 with lower levels supports and higher levels good selling also therefore firstly Nifty has to trade and prepare for next decisive moves within mentioned trading range which will be done in the beginning of next week. 

Intermediate Term correction is on and no confirmation of its completion yet therefore firstly valid break out of last 2 sessioons trading range should be watched for the life of on going correction which means that correction continuation below 9784 or first signal of correction completion above 9940.

Fresh down moves towards next supports

Intra Day Chart Analysis & Market Outlook

(18-08-2017)

Nifty-Intra Day Chart (17-Aug-2017):-

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Technical Patterns and Formations in today intraday charts

1- Selling between 9918-9940
2- Consolidation between 9887-9904
3- Selling between 9915-9938
4- Whole day actual trading between 9884-9940

Conclusions from intra day chart analysis 

Although most time positive zone trading after gap up opening and Green closing as well but good selling patterns formations at higher levels therefore strong indications of down moves tomorrow. As some consolidation also at lower levels therefore trading near about today lowest can not be ruled out but fresh down moves are expected towards following next supports:-

1- 9782-9808
2- 9686-9714

Rally continuation after follow up consolidation

Intra Day Chart Analysis & Market Outlook

(16-08-2017)

Nifty-Intra Day Chart (14-Aug-2017):-

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Technical Patterns and Formations in today intraday charts

1- Up moves in Bearish Rising Channel
2- Intraday correction in last half hour
3- Whole day actual trading between 9753-9818

Conclusions from intra day chart analysis 

As some consolidation was seen in last 2 sessions of previous week therefore we told for Strong Pull Back Rally on last Monday and it was seen after gap up opening and more than 5 hours continuous up moves. As up moves were in Bearish Rising Channel and due to this sentiment turned heated therefore intraday correction was seen in last half hour which will be understood healthy for last Monday started Pull Back Rally continuation.

Expected that Nifty will firstly trade within last Monday trading range and prepare for next moves but high possibility of on going rally continuation after 1/2 sessions follow up consolidation because resistances are lying above last Monday highest. 

सभी हिन्दुस्तानियों को स्वन्त्रता दिवस की हार्दिक शुभकामनायें 

Wishing you all Indians Happy Independence Day

Strong Pull Back Rally if no negative news

Intra Day Chart Analysis & Market Outlook

(14-08-2017)

Nifty-Intra Day Chart (11-Aug-2017):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts


1- Selling between 9737-9771
2- Support between 9686-9714
3- Whole day actual trading between 9686-9771

Conclusions from intra day chart analysis 

As crashing like situation in all the Global markets therefore gap down opening and 1.11% negative closing with higher levels good selling and lower levels some supports also therefore expected that Nifty will firstly trade and prepare for next decisive moves within last Friday trading range next Monday. 

Certainly correction is on and no signal of its completion yet but Short Term Indicators have turned over sold therefore only strong Pull Back Rally will be seen if no negative news come from North Korea and Indo-China border.

Strong Pull Back Rally after stopping of Global markets crashing 

Intra Day Chart Analysis & Market Outlook

(11-08-2017)

Nifty-Intra Day Chart (10-Aug-2017):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Consolidation Patterns between 9836-9892
2- Down moves in Bullish Falling Channel 
3- Whole day actual trading between 9777-9892

Conclusions from intra day chart analysis 

As intraday consolidation patters formations on 09-08-2017 therefore Pull Back Rally was expected on 10-08-2017 but crashing like situation was seen in most Asian markets and sentiment was much depressed in the morning so Indian markets also opened weak and closed negative also after whole day negative zone trading.

Although Dow Jones is now trading more than 165 points down after much weaker closing of all European markets today but Indian markets have shown consolidation patterns formations on 10-08-2017 therefore view will not be Bearish and strong Pull Back Rally will be seen if Global markets crashing will stop despite SGX Nifty now trading 87 points down.

Pull Back Rally Expectations

Intra Day Chart Analysis & Market Outlook

(10-08-2017)

Nifty-Intra Day Chart (09-Aug-2017):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Selling between 9944-9969
2- Down moves in Bullish Falling Channel
3- Up moves with intraday corrections
4- Last 40 minutes slow down moves
5- Whole day actual trading between 9894-9969

Conclusions from intra day chart analysis 

All 4 previous Outlooks are live proofs of this fact that we continuously told for corrections and more than 200 points correction was seen but Very Short Term Indicators have turned oversold after this correction and some consolidation patterns formations also developed today therefore Pull Back Rally is expected in the coming sessions. As some selling also at higher levels today therefore next decisive up moves will be considered after some more follow up consolidations and sustaining above today highest.  

Very Short Term correction expectations

Intra Day Chart Analysis & Market Outlook

(08-08-2017)

Nifty-Intra Day Chart (07-Aug-2017):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Selling between 10068-10088
2- Whole day actual trading between 10047-10088

Conclusions from intra day chart analysis 

Although last Friday closing was near the higher levels of the day but we were not Bullish and told following lines in"Watch levels for next Trend confirmations" 

Both lower levels supports and higher levels resistances between 9945-10137 and firstly Nifty has to prepare for decisive moves beyond this range therefore follow up moves and valid break out of these levels should be watched in next week for next Trend confirmations.

As follow up selling today therefore Very Short Term correction is expected tomorrow towards following supports:-

1- 10023-10039
2- 9980-9998

Watch levels for next Trend confirmations

Intra Day Chart Analysis & Market Outlook

(07-08-2017)

Nifty-Intra Day Chart (04-Aug-2017):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- More than 4 hours Mixed Patterns formations between 9989-10026
2- Up moves in last hours
3- Whole day actual trading between 9989-10075

Conclusions from intra day chart analysis 

Although firstly more than 4 hours trading was with Mixed Patterns formations but Up moves were seen in last hours and closing was also near the higher levels of the day therefore some up moves can not be ruled out in the beginning of next week.

As Mixed Patterns formations last Friday and last 9 sessions trding between 9945-10137 with higher levels following resistances therefore follow up consolidation is must for decisive up moves after new life time high formations:-  

1- 10082-10096
2- 10107-10125

Both lower levels supports and higher levels resistances between 9945-10137 and firstly Nifty has to prepare for decisive moves beyond this range therefore follow up moves and valid break out of these levels should be watched in next week for next Trend confirmations.

As busy therefore Stock Market Outlook of today(04-08-2017) and next Monday(17-07-2017) will not be updated but suggesting to watch those 2 supports which were updated in yesterday outlook for deeper correction confirmations amid on going correction continuation expectations.

 Very Short Term correction expectations towards next supports

Market Outlook(03-08-2017)

As whole day today market was on RBI Credit policy expectations and its announcements led last hour volatility also therefore analysis of today intraday Nifty chart is not being updated because technical positions reverses during such high sentimental led volatility.

Although last 2 sessions closing was near the higher levels of the day after strong recovery from lower levels but we were cautious because both previous sessions trading was with Mixed Patterns formations and we updated levels for next trend confirmations. As today intraday trading was also completely affected from RBI Credit policy expectations therefore firstly sustaining beyond today trading range(10055-10237) should be watched for next trend confirmations and with Very Short Term correction expectations towards following next supports:-

1- 10023-10039
2- 9980-9998

Levels will confirm post RBI Credit policy decisive big moves

Intra Day Chart Analysis & Market Outlook 

(02-08-2017)

Nifty-Intra Day Chart (01-Aug-2017):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Most time trading with Mixed Patterns formations between 10066-10100
2- Sharp up moves in last half hour 
3- Whole day actual trading between 10066-10128

Conclusions from intra day chart analysis 

Although closing near the higher levels of the day after last half hour sharp up moves but most time trading with Mixed Patterns formations between 10066-10100 therefore firstly sustaining beyond these levels should be watched tomorrow for next decisive big moves which will be seen after RBI Credit policy and before that Nifty will prepare for those decisive big moves between today trading range(10066-10128)

Post RBI Credit policy big moves confirmations from levels

Intra Day Chart Analysis & Market Outlook

(01-08-2017)

Nifty-Intra Day Chart (31-Jul-2017):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Consolidation between 10023-10039
2- Selling patterns formation between 10047-10062
3- Up moves in last hour
4- Whole day actual trading between 10017-10085

Conclusions from intra day chart analysis

Although closing near the higher levels of the day after first 3 hours consolidation but selling patterns formation also developed during Mid session therefore complete fresh consolidation is firstly required for decisive up moves because resistances are also lying between 10067-10114.

Tomorrow will be preparation day for post RBI Credit policy(on 2nd Aug) big moves and that will be done within crucial levels(9945-10114) and firstly valid break out of these levels should be watched for post RBI Credit policy big moves confirmations.

Finally Rally after follow up consolidations within Crucial levels

Intra Day Chart Analysis & Market Outlook

(31-07-2017)

Nifty-Intra Day Chart (28-Jul-2017):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Selling between 9980-9998
1- Support between 9945-9971
3- Up moves in last hour
3- Whole day actual trading between 9945-10026

Conclusions from intra day chart analysis 

Following lines were told in "Finally Rally continuation after more down moves":-

1- some more down moves will be seen below today lowest(10005.50) and towards next supports. 
2- strong supports are lying between 9952-9978
3- Nifty will remain sideways and prepare for next decisive big moves between 9952-10114

More down moves towards next supports(9952-9978) was told and Nifty slipped just below next supports(9952-9978) as well as recovered after intraday lowest formation at 9944.50.

Although last Friday closing was near the highest levels of the day after last hour up moves and lower levels supports formations also but selling was also seen between 9980-9998 therefore follow up consolidation is firstly required for decisive up moves.

Last 4 sessions trading between 9945-10114 with lower levels good consolidation and higher levels equally good selling therefore Nifty will firstly trade and prepare for next decisive moves within these crucial levels(9945-10114) and expected that finally rally will be seen above 10114 after follow up consolidation within mentioned crucial levels.

Finally Rally continuation after more down moves

Intra Day Chart Analysis & Market 

Outlook(28-07-2017)

Nifty-Intra Day Chart (27-Jul-2017):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Selling between 10081-10114
2- Selling between 10067-10083
3- Sharp fall in last Hour
4- Whole day actual trading between 10006-10114

Conclusions from intra day chart analysis 

Although strong up moves after gap up opening but clear selling patterns formations between 10067-10114 therefore these levels be first and strong resistance and some more down moves will be seen below today lowest(10005.50) and towards next supports. 

As good selling today and strong supports are lying between 9952-9978 therefore Nifty will remain sideways and prepare for next decisive big moves between 9952-10114 and finally valid break out of these crucial levels will confirm next Trend.

Certainly fresh consolidation is firsty required for decisive up moves above today righest and also expected that finally rally will remain continued after fresh consolidation between 9952-10114 because any deeper correction van not be considered from only one day intraday selling and until complete follow up selling patterns will not develop on EOD charts till then any deeper correction will not be seen.

Finally rally continuation above 10000 after fresh consolidation

Intra Day Chart Analysis & Market

 Outlook(26-07-2017)

Nifty-Intra Day Chart (25-Jul-2017):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Selling between 9868-9875
2- Consolidation between 9949-9961
3- Selling between 9873-9880
4- Whole day actual trading between 9949-10011

Conclusions from intra day chart analysis 

Although some selling in the first and last hours of the day but lower levels good consolidation also therefore expected that finally rally will remain continued above 10000 after fresh consolidation in the coming sessions. 

Just Watch levels for next Trend confirmations

Intra Day Chart Analysis & Market 
Outlook(24-07-2017)

Nifty-Intra Day Chart (21-Jul-2017):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Selling between 9906-9918
2- Lower levels consolidation between 9838-9868
3- Last hour Up moves in Bearish Rising Channel 
4- Whole day actual trading between 9838-9918

Conclusions from intra day chart analysis 

Following lines were told on 20-07-2017 in "Levels will confirm Short Term Correction beginning":-

down moves below today lowest(9863.45)can not be ruled out

Nifty slipped below 9863.45 after fresh selling between 9906-9918 and formed intraday lowest at 9838. Although first 2 hours selling and last hour Up moves in Bearish Rising Channel but lower levels also consolidation between 9838-9868 therefore last Friday trading will be understood Mixed Patterns formations between 9838-9918.  

As higher levels selling last Friday and next resistances upto 9928 are also above last Friday highest therefore follow up consolidation is firstly required for next decisive up moves above 9928. Expected that Nifty will firstly trade and prepare for next trend between 9838-9928 and its valid break out of should be firstly watched in the coming sessions for its confirmations.

Levels will confirm Short Term Correction beginning

Intra Day Chart Analysis & Market Outlook

(21-07-2017)

Nifty-Intra Day Chart (20-Jul-2017):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Selling between 9895-9910
2- Mixed Patterns between 9864-9888 
3- Whole day actual trading between 9864-9922

Conclusions from intra day chart analysis 

Following lines were told yesterday in "Firstly watch levels for next trend":- 

1- view will not be Bullish despite today closing near the higher levels of the day.
2- Next and strong resistances are between 9912-9928
3- Last 5 sessions trading between 9792-9928 with lower levels supports and higher levels selling and firstly sustaining beyond these levels should be watched for next trend.

As fresh selling between 9895-9910 today therefore down moves below today lowest(9863.45)can not be ruled out in the coming sessions but sustaining it below is must for Short Term Correction beginning confirmation because last 3 hours trading just above it with Mixed Patterns also between 9864-9888 today.  

Firstly watch levels for next trend

Intra Day Chart Analysis & Market Outlook

(20-07-2017)

Nifty-Intra Day Chart (19-Jul-2017):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Selling patterns formation between 9874-9888
2- Up moves in Bearish Rising Channel
3- Whole day actual trading between 9852-9905

Conclusions from intra day chart analysis 

As most Asian markets were trading strong therefore positive opening and after that most time up moves but in Bearish Rising Channel therefore view will not be Bullish despite today closing near the higher levels of the day.

Next and strong resistances are between 9912-9928 and until complete condolition will not develop till then fresh rally will not be seen. Last 5 sessions trading between 9792-9928 with lower levels supports and higher levels selling and firstly sustaining beyond these levels should be watched for next trend.

Very Short Term correction continuation Expectations

Intra Day Chart Analysis & Market Outlook

(19-07-2017)

Nifty-Intra Day Chart (18-Jul-2017):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Selling between 9870-9885
2- Selling between 9861-9871
3-  Down moves in Bullish Falling Channel
4- Last hour minor Support between 9793-9835
5- Whole day actual trading between 9793-9885

Conclusions from intra day chart analysis 

As some selling yesterday and weaker Asian markets today morning therefore gap down opening and follow up selling also therefore some more down moves can not be ruled out in the coming sessions. Some consolidation today through Down moves in Bullish Falling Channel and last hour minor Support between 9793-9835 therefore some up moves can not be ruled out within today trading range but today started Very Short Term correction continuation is expected in the coming sessions.

Break out of Levels will confirm next Trend

Intra Day Chart Analysis & Market Outlook

(18-07-2017)

Nifty-Intra Day Chart (17-Jul-2017):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Selling between 9914-9920
2- Up moves in Bearish Rising Channel
3- Intraday corrections
4- Whole day actual trading between 9895-9928

Conclusions from intra day chart analysis 

Although today closing at life time highest levels after whole day positive zone trading but some selling was also seen therefore fresh consolidation is firstly required for decisive up moves above today highest. As some consolidation was also today therefore expected that Nifty will firstly trade and prepare for next decisive moves within and near about today trading range and its valid break out will confirm next trend which should be firstly watched tomorrow.

Rally continuation towards 10000

Intra Day Chart Analysis & Market Outlook

(17-07-2017)

Nifty-Intra Day Chart (14-Jul-2017):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Down moves in Bullish Falling Channel
1- Consolidation between 9846-9880
3- Whole day actual trading between 9846-9892

Conclusions from intra day chart analysis 

Although whole day negative zone trading but whole day good intraday consolidation patterns formations therefore expected that on going rally will remain continued above life time highest(9913.30) and towards 10000.

(As become free therefore Outlook of 17-07-2017 has been updated)

As busy therefore Stock Market Outlook of today(14-07-2017) and next Monday(17-07-2017) will not be updated.

Rally continuation above life time highest

Intra Day Chart Analysis & Market Outlook

(13-07-2017)

Nifty-Intra Day Chart (12-Jul-2017):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Down moves in Bullish Falling Channel
2- Consolidation between 9788-9807
3- Whole day actual trading between 9788-9824

Conclusions from intra day chart analysis 

Although good selling and closing near the lower levels of the day on 11-07-2017 but we following line in "Finally rally continuation after fresh consolidation"  

finally rally will remain continued after fresh consolidation within next 2/3 sessions.

As sufficiently good consolidation on 12-07-2017 therefore expected that on going rally will continued above life time highest(9830.10) in the coming sessions.

Finally rally continuation after fresh consolidation 

Intra Day Chart Analysis & Market Outlook

(12-07-2017)

Nifty-Intra Day Chart (11-Jul-2017):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Up moves in Bearish Rising Channel
2- Selling between 9815-9830
3- sharp down in last hour
4- Whole day actual trading between 9779-9830

Conclusions from intra day chart analysis 

Although Green closing after whole day positive zone trading but sufficiently good intraday selling was seen therefore only very Short Term correction will be considered and until complete follow up selling will not develop in the coming sessions till then decisive down moves will not be seen.

As rally is very much on and such today like corrections are a part of Bull markets therefore expected that finally rally will remain continued after fresh consolidation within next 2/3 sessions.

Rally continuation with continuous new life time high formations 

Market Outlook(11-07-2017)

As first 3 hours trading was disturbed due technical problems in NSE software today and after that only up moves were seen without any specific technical pattern formations therefore Intra Day Chart Analysis is not being updated. 

It was a big development today that last 30 sessions trading range(9550-9700) was broken out and today closing was also at life time high. As forceful break out today therefore high possibility of rally continuation with continuous new life time high formations.