On going rally continuation expectations
Intra Day Chart Analysis & Market Outlook
(31-03-2017)
Nifty-Intra Day Chart (30-Mar-2017):-
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| Just click on chart for its enlarged view |
1- More than 4 hours Down moves in Bullish Falling Channel
2- Derivative expiry led last hours volatility
3- Whole day actual trading between 9141-9183
Conclusions from intra day chart analysis
Although fast slipping from higher levels in last 5 minutes but it will be understood a part of derivative expiry led last hours volatility only and on going rally continuation is expected because more than 4 hours Down moves were also seen in Bullish Falling Channel.