Firstly watch levels for next decisive moves confirmations

Intra Day Chart Analysis & Market Outlook

(27-09-2019)

Nifty-Intra Day Chart (26-Sep-2019):-

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Technical Patterns formation in today intraday charts

1- Selling between 11551-11610
2- Selling between 11540-11590 
3- Whole day actual trading between 11467-11670

Conclusions from intra day chart analysis 

Although today closing was near the higher levels of the day but good intraday selling patterns formations also therefore fresh consolidation is required for sustaining above today highest and slipping below today lowest will confirm decisive down moves beginning.  

As good supports also below today lowest therefore firstly follow up moves and valid break out of last 4 sessions trading range(11417-11694) should be firstly watched for next decisive moves confirmations.

Finally rally after 2 sessions 1003 points rally correction completion

Intra Day Chart Analysis & Market Outlook

(26-09-2019)

Nifty-Intra Day Chart (25-Sep-2019):-

Just click on chart for its enlarged view

Technical Patterns formation in today intraday charts

1- 4 Hours Mixed Patterns formation between 11464-11525
2- Consolidation between 11417-11458
3- Whole day actual trading between 11417-11538

Conclusions from intra day chart analysis 

As weaker closing of US markets yesterday therefore all the Asian markets were trading in negative zone today morning hence sentiment turned dampened and resultant sharp down moves were seen after weak opening in Indian markets.

Although 1.28% negative closing today but clear selling patterns were not seen and lower levels consolidation also developed after 4 Hours Mixed Patterns formation therefore emergence of rally continuation expectations because selling patterns were not seen yesterday also and today down moves were due to weakness in all the Global markets.

As 1003 points like huge rally in only 2 sessions after Nirmala Sitaraman Press conference therefore its correction is on and expected that finally rally will be seen above the top of last Monday highest(11694.9) but follow up consolidation for cooling down is also required because sentiment has turned heated after Modi ji meetings with many Industrialists in USA and market favoring big announcements by Nirmala Sitaraman in Press conference last Friday. 

Finally rally continuation after fresh consolidation

Intra Day Chart Analysis & Market Outlook

(25-09-2019)

Nifty-Intra Day Chart (24-Sep-2019):-

Just click on chart for its enlarged view

Technical Patterns formation in today intraday charts

1- Down moves in Bullish Falling Channels
2- Consolidation between 11540-11604
3- Whole day actual trading between 11540-11655

Conclusions from intra day chart analysis 

Although most time negative zone trading and Red closing also but intraday patterns are shoring consolidation patterns formations therefore on going rally continuation is expected. 

As 2 sessions extremely strong rally from the beginning of Nirmala Sitaraman Press conference last Friday therefore Very Short Indicators have turned overbought and sentiment is also heated therefore 1/2 sessions sideways trading for cooling down is being seen and fresh consolidation has also developed today hence finally rally will be seen.

As busy therefore could not update Stock Market Outlook of today(24-09-2019) but Outlook of tomorrow will be posted positively.