Intra Day Chart Analysis & Market
Outlook(14-02-2017)
Nifty-Intra Day Chart (13-Feb-2017):-
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1- Down moves in Bullish Falling Channel
2- Up moves in Bearish Rising Channel
3- Whole day actual trading between 8755-8826
Conclusions from intra day chart analysis
Although firstly slipping after positive opening but in Bullish Falling Channel therefore up moves in last 2 hours but in Bearish Rising Channel therefore again today market will understood with mixed Patterns formations.
Last 6 sessions trading between 8715-8826 with last 3 sessions trading with mixed Patterns formations therefore Nifty has to prepare for next trend and decisive moves within and near about this range which will be done tomorrow and finally sustaining beyond this range will confirm next trend which should be firstly watched in the coming sessions.