Post-open Outlook(02-09-2016)

As intraday selling patterns formations in last 2 sessions therefore not sustaining at higher levels and slipping as well but some indications of consolidation in first 50 minutes today therefore sustaining below yesterday lowest(8760) should be firstly watched for fresh down moves.

Today Started Correction Continuation Expectations

Intra Day Chart Analysis & Market Outlook

(02-09-2016)

Nifty-Intra Day Chart (01-Sep-2016):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Selling between 8792-8811
2- Selling between 8800-8813
3- Whole day actual trading between 8760-8813

Conclusions from intra day chart analysis 

Following lines were told yesterday in "Down Moves Expectations":-

sufficiently good intraday selling patterns formations today therefore some down moves are being expected in the coming sessions.

As follow up selling today after yesterday selling therefore today started down moves continuation is expected in the coming sessions and correction of that rally will be firstly seen which started on 29-08-2016 from 8544.

Down Moves Expectations

Intra Day Chart Analysis & Market Outlook

(01-09-2016)

Nifty-Intra Day Chart (31-Aug-2016):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Selling between 8778-8801
2- Up moves in Bearish Rising Channel
3- Selling between 8802-8819
4- Whole day actual trading between 8755-8819

Conclusions from intra day chart analysis 

Although whole day Green zone trading and 0.42% positive closing as well but sufficiently good intraday selling patterns formations today therefore some down moves are being expected in the coming sessions.

As busy therefore Stock Market Outlook of today and tomorrow will not be updated