Fresh down moves towards next supports
Intra Day Chart Analysis & Market Outlook
(18-08-2017)
Nifty-Intra Day Chart (17-Aug-2017):-
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| Just click on chart for its enlarged view |
1- Selling between 9918-9940
2- Consolidation between 9887-9904
3- Selling between 9915-9938
4- Whole day actual trading between 9884-9940
Conclusions from intra day chart analysis
Although most time positive zone trading after gap up opening and Green closing as well but good selling patterns formations at higher levels therefore strong indications of down moves tomorrow. As some consolidation also at lower levels therefore trading near about today lowest can not be ruled out but fresh down moves are expected towards following next supports:-
1- 9782-9808
2- 9686-9714