Down moves expectations
Intra Day Chart Analysis & Market Outlook
(06-08-2019)
Nifty-Intra Day Chart (05-Aug-2019):- |
| Just click on chart for its enlarged view |
1- Support between 10784-10826
2- Selling between 10827-10889
3- Whole day actual trading between 10784-10889
Conclusions from intra day chart analysis
159 Points sharp down in first minute after weak opening and after that some supports also at lower levels but in last 3 hours good selling therefore down moves are expected because Indian markets are in Bear phase and until complete consolidation will not develop till then decisive up moves will not be seen.