Firstly watch levels for deeper correction confirmations
Intra Day Chart Analysis & Market Outlook
(12-10-2017)
Nifty-Intra Day Chart (11-Oct-2017):-
Just click on chart for its enlarged view |
1- 4 hours selling between 10048-10057
2- Sharp down moves in last hours
3- Whole day actual trading between 9956-10057
Conclusions from intra day chart analysis
Following lines were told in both the previous sessions outlooks:-
1- Short Term correction beginning expectations in the coming 1/2 sessions
2- emergence of Short Term correction beginning expectations
3- sustaining beyond 9960-10034 should be watched for next decisive moves confirmations.
Short Term correction was told and it was seen today through 101 points slipping from higher levels.