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Lalit Dhingra
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Rally continuation towards next strong resistances

From : Lalit Dhingra at 09:46 PM - Oct 12, 2017 ( )

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Rally continuation towards next strong resistances

Intra Day Chart Analysis & Market Outlook



Nifty-Intra Day Chart (12-Oct-2017):-

Just click on chart for its enlarged view

Technical Patterns formation in today intraday charts


1- More than 4 hours consolidation between 10008-10036

2- Up moves with intraday corrections

3- Whole day actual trading between 9978-10104


Conclusions from intra day chart analysis 


Firstly more than 4 hours consolidation and after that strong rally as well as no intraday selling patterns formations therefore on going rally continuation is expected towards next strong resistances(10140-10171) in the coming sessions.

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