Rally continuation after follow up consolidation
Intra Day Chart Analysis & Market Outlook
(12-09-2017)
Nifty-Intra Day Chart (11-Sep-2017):-
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Just click on chart for its enlarged view |
1- Consolidation between 9969-9990
2- Sharp up
3- Consolidation between 10004-10012
4- Mixed Patterns formation between 10017-10029
5- Sharp fall in last half hour
6- Whole day actual trading between 9969-10029
Conclusions from intra day chart analysis
Our all the outlooks of previous week are live proofs of this fact we updated only Bullish views despite crashing like most Global markets due to North Korea’s hydrogen-bomb test.
As good intraday consolidation today therefore rally continuation is expected above 10000 but some follow up consolidation is also required near about today highest because mixed Patterns formation at higher levels of the day today.