Firstly watch level for the life of on going correction
Intra Day Chart Analysis & Market Outlook
(06-12-2017)
Nifty-Intra Day Chart (05-Dec-2017):-
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| Just click on chart for its enlarged view |
1- Consolidation between 10070-10095
2- Down moves in Bullish Falling Channel
3- Whole day actual trading between 10070-10147
Conclusions from intra day chart analysis
As firstly lower levels consolidation and last hour down moves in Bullish Falling Channel after Mid sessions up moves therefore today trading will be understood with consolidation patterns formations and emergence of a Pull Back rally possibility as well as firstly valid break out today lowest should be watched in the coming sessions for the life of on going correction.