Rally continuation with new life time high formations
Intra Day Chart Analysis & Market Outlook
(18-04-2019)
Nifty-Intra Day Chart (16-Apr-2019):- |
| Just click on chart for its enlarged view |
1- Fresh up moves after gap up opening
2- More than 5 hours consolidation between 11768-11810
3- Whole day actual trading between 11732-11810
Conclusions from intra day chart analysis
Firstly fresh up moves after gap up opening and after that more than 5 hours consolidation between 11768-11810 therefore rally continuation with new life time high formations is expected in the comimg sessions as well as 11768-11810 will be immediate support of Nifty.