As still not feeling well therefore Stock Market Outlook of today(09-03-2018) is not being updated
ॐ ह्रीं श्रीं लक्ष्मीभयो नमः॥
Correction continuation is expected towards 10000
Intra Day Chart Analysis & Market Outlook
(07-03-2018)
Nifty-Intra Day Chart (06-Mar-2018):-
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| Just click on chart for its enlarged view |
1- More than 4 hours seling between 10379-10441
2- Sharp fall in last hours
3- Whole day actual trading between 10216-10441
Conclusions from intra day chart analysis
As more than 4 hours seling between 10379-10441 therefore closing near lower levels of the day after sharp fall in last hours means that correction is very much on for which we are continuously from 28-01-2018.
last 18 sessions trading was between 10277-10637 and this range was broken down as well as today closing was below it therefore correction continuation is expected towards 10000.
Correction continuation expectations
Intra Day Chart Analysis & Market Outlook
(05-03-2018)
Nifty-Intra Day Chart (01-Mar-2018):-
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| Just click on chart for its enlarged view |
1- Down moves in Bullish Falling Channel
2- Up moves in Bearish Rising Channel
3- Down moves with selling patterns
4- Whole day actual trading between 10448-10525
Conclusions from intra day chart analysis
Although firstly Down moves in Bullish Falling Channel after positive opening but after that most time selling patterns formations therefore on going correction continuation is expected in the beginning of next week.
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