Short Term Correction Expectation Tomorrow
Intra Day Chart Analysis & Market Outlook
(28-04-2016)
Nifty-Intra Day Chart (27-Apr-2016):- |
| Just click on chart for its enlarged view |
1- Selling patterns formation between 7972-7991
2- Whole day actual trading between 7941-7991
Conclusions from intra day chart analysis
Although closing near the higher levels of the day and also at the top of on going Post Budget-2016 rally but higher levels selling patterns formations were also seen today therefore Short Term Correction below today lowest(7941) with trading and closing within last 2 sessions trading range(7823-7991) is expected tomorrow.