Rally continuation Expectations
Intra Day Chart Analysis & Market Outlook
(27-10-2017)
Nifty-Intra Day Chart (26-Oct-2017):-
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1- Consolidation between 10272-10291
2- Up moves with intraday corrections
3- Consolidation between 10298-10317
4- Sharp up
5- Whole day actual trading between 10272-10355
Conclusions from intra day chart analysis
As whole day only consolidation patterns formations therefore rally continuation is expected in the coming sessions and until Nifty will not sustain below today lowest after complete fresh selling till then decisive down moves will not be seen.