Rally continuation after Consolidation Today
Intra Day Chart Analysis & Market Outlook
(28-05-2015)
Nifty-Intra Day Chart (27-May-2015):-Just click on chart for its enlarged view |
1- Lower levels supports between 8278-8295(Immediate Supports)
2- Sharp 40 points up in 9 minutes.
3- Consolidation between 8308-8320(Immediate Supports)
4- Whole day actual trading between 8278-8342
Conclusions from intra day chart analysis
As sharp 40 points up after lower levels supports and good consolidation between 8308-8320 therefore fresh up moves are expected in the coming sessions because good consolidation above today highest was also seen yesterday.