Deeper Correction Continuation
Intra Day Charts Analysis & Market Outlook
(18-01-2016)
Nifty-Intra Day Chart (Jan 07 to Jan 15,2016):-Just click on chart for its enlarged view |
1- 7 Sessions actual trading between 7425-7654
2- Selling between 7552-7640 in previous 6 sessions
3- Supports between 7488-7521 on 11-01-2016 and 12-01-2016
4- Supports between 7425-7458 on 13-01-2016 and 14-01-2016
5- Selling between 7504-7562 on 15-01-2016
Conclusions from 7 Sessions intra day chart analysis
Last 7 sessions actual trading between 7425-7654 with above mentioned supports and resistances.As sufficiently big 7 sessions sideways trading between 7425-7654 therefore following line was told on 14-01-2016 in valid break out of 7425-7640 will produce 5% Nifty moves
It is confirm that valid break out of 7425-7640 will produce 5% Nifty moves
1- Updated on 07-01-2016:- Correction Continuation towards 7104/6761
2- Updated on 13-09-2015:- Finally correction continuation towards 7104/6761
3- Updated on 06-09-2015:- Next Target of Nifty at 7104.30