Lalit Dhingra
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Firstly watch 8180 for on going correction continuation

Lalit Dhingra at 09:58 PM - Nov 14, 2016 ( ) Views: 442

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Firstly watch 8180 for on going correction continuation/completion confirmation 

Intra Day Chart Analysis & Market Outlook

(15-11-2016)

 

Nifty-Intra Day Chart (11-Nov-2016):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts


1- Selling between 8354-8415

2- Whole day actual trading between 8285-8460

 

Conclusions from intra day chart analysis 

 

As all the Asian markets were trading weak therefore 68 points gap down opening and after that follow up selling therefore more down moves are expected in the beginning of next week. More than 4 hours consolidation was seen between 8180-8345 on 09-11-2016 and valid break down of this range should be firstly watched now for on going correction continuation/completion confirmation.


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Niranjan Batchu at 10:22 PM - Nov 14, 2016 ( )

LALIT JI,

  NIFTY 8180 is STOP LOSS for LONGS???

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