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1- Consolidation and supports between 6507-6520.
1- Higher levels good selling between 6528-6540.
3- Whole day actual trading between 6507-6540
Conclusions from intra day chart analysis
Whole day range bound 34 points trading with lower levels some supports and higher levels good selling also therefore emergence of down moves possibilities in the coming sessions. Selling between 6548-6574 was seen yesterday and today selling just below it therefore correction is expected towards next supports near 6433. As next supports below 6433 are near 6300 therefore once sustaining below 6433 will mean sharp fall possibility towards 6300 and it is expected also because good selling was seen at higher levels in previous week.
Finally down moves and Short term correction is expected tomorrow despite whatsoever outcome from FOMC meet tonight after 11:30 PM.