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Very Short Term Correction Possibility
Intra Day Chart Analysis & Market Outlook(29-12-2015)

Nifty-Intra Day Chart (28-Dec-2015):-
Just click on chart for its enlarged view
Technical Patterns and Formations in today intraday charts

1- Selling between 6893-7916
2- Volatility in last hour
3- Whole day actual trading between 7863-7937

Conclusions from intra day chart analysis 

Although 0.82% positive closing but more than 4 hours selling patterns formations between 6893-7916 today therefore emergence of very short term correction possibility near about today lowest(7863) despite volatility in last hour.