Very Short Term Down Moves Expectations
Intra Day Chart Analysis & Market Outlook
(08-09-2016)
Nifty-Intra Day Chart (07-Sep-2016):-
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1- Whole day actual trading between 8914-8968
2- Selling patterns formation between 8935-8956
Conclusions from intra day chart analysis
Although positive opening but not sustaining at highet levels and slipping fast in first 30 minutes and clear Selling patterns formation also between 8935-8956 therefore Very Short Term down moves are expected in the coming sessions.