Firstly watch levels amid correction continuation expectations 

Intra Day Chart Analysis & Market Outlook

(16-02-2018)

Nifty-Intra Day Chart (15-Feb-2018):-

Just click on chart for its enlarged view

Technical Patterns formation in today intraday charts

1- Mixed Patterns formation between 10552-10618 
2- High Volatility
3- Whole day actual trading between 10512-10618

Conclusions from intra day chart analysis 

Although Green closing after whole day positive zone trading but complete consolidation was not seen and most time trading was with Mixed Patterns formation therefore view will not be Bullish.

As whole day today trading was with high volatility amid most Bullish Global markets and Nifty closed only 0.42% up therefore Indian markets today trading will be understood with under performance.

1st resistance between 10524-10577 was updated yesterday and today closing was within this range at 10545.50 therefore sustaining beyond 10524-10612 should also be firstly watched for next decisive moves confirmations amid correction continuation expectations.

Correction continuation towards next supports

Intra Day Chart Analysis & Market Outlook

(15-02-2018)

Nifty-Intra Day Chart (14-Feb-2018):-

Just click on chart for its enlarged view

Technical Patterns formation in today intraday charts

1- More than 5 hours selling between 10524-10577
2- Sharp fall in last half hour
3- Whole day actual trading between 10457-10577

Conclusions from intra day chart analysis 

Correction is very much on and its continuation will be seen towards following supports after fresh selling today:-

1- 10277-10372
2- 10140-10195
3- 10040-10175 

Resistances above today closing are as follows:-

1- 10524-10577
2- 10589-10637
3- 10703-10736(gap resistance)

We started to tell for 5 Waves correction after Budget from 31-01-2018 and being seen since then.  Detailed analysis of nature and depth of correcttion has already been updated in previous outlooks,just go through amid correction continuation expectations.

As still out of station therefore Stock Market Outlook of today(14-02-2018) is not being updated but will be updated for tomorrow positively.

As out of station therefore Stock Market Outlook of today(12-02-2018) is not being updated.