Technical Analysis and Market Outlook
(01-01-2015)
Nifty-Intra Day Chart (31-Dec-2014):- |
| Just click on chart for its enlarged view |
1- Selling between 8268-8080
2- Selling Patterns formations at higher levels between 8280-8291
3- Whole day actual trading between 8251-8291
Conclusions from intra day chart analysis
Although most time positive zone trading with closing near the higher levels of the day but good selling seen today therefore fresh down moves will be seen in the coming sessions.
As selling seen in previous sessions also therefore expected that finally down moves will be seen below 8218/8155/7961.35 and Bear will welcome in 2015.