Correction continuation
Technical Analysis and Market Outlook
(12-01-2015)
Nifty-Intra Day Chart (09-Jan-2015):-
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1- Selling between 8275-8303 (Immediate Resistances)
2- Selling between 8238-8272 (Immediate Resistances)
3- Up moves in Bearish Rising Channel after 02:00 PM
4- Whole day actual trading between 8191-8303
Conclusions from intra day chart analysis
Although closing near the highest of the day but good selling and last hour up moves in Bearish Rising Channel also therefore expected that finally Nifty will slip and sustain below day's lowest(8191) as well as correction will remain continued.