Rally continuation expectations
Intra Day Chart Analysis & Market Outlook
(02-05-2019)
Nifty-Intra Day Chart (30-Apr-2019):- |
| Just click on chart for its enlarged view |
1- Consolidation between 11656-11720
2- Whole day actual trading between 11656-11756
Conclusions from intra day chart analysis
As most Asian markets were trading in Red therefore firstly slipping after opening but 5 hours consolidation between 11656-11720 therefore it will be immediate supports of Nifty and on going rally continuation is expected in the coming sessions.