Down moves towards today lowest
Nifty-Intra Day Chart Analysis & Market Outlook
(17-06-2020)
Nifty-Intra Day Chart (16-Jun-2020):- |
| Just click on chart for its enlarged view |
1- Selling between 9970-10046(Immediate Resistances)
2- Sharp fall after the news of 3 army personnals martyring on Indo-China border.
3- Support between 9729-9818
4- Selling between 9900-9931
5- Whole day actual trading between 9729-10046
Conclusions from intra day chart analysis
As all the global markets were blasting therefore huge gap up opening but selling developed hence sharp fall was seen after breaking out the news of 3 army persons martyring on Indo-China border.
Although supports at lower levels but selling was also seen in last hour after some Mid-session up moves therefore down moves are expected towards today lowest(9729) and finally sustaining it beyond will confirm the life of on going Short Term correction.