Pull Back rally continuation
Intra Day Chart Analysis & Market Outlook
(22-03-2018)
Nifty-Intra Day Chart (21-Mar-2018):-
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| Just click on chart for its enlarged view |
1- Sharp up after gap up opening
2- Down moves in Bullish Falling Channel
3- Whole day actual trading between 10133-10227
Conclusions from intra day chart analysis
Although whole day slipping after gap up strong opening but Down moves were in Bullish Falling Channels therefore still Pull Back rally continuation is expected despite today closing near the lower levels of the day.