Lalit Dhingra
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Correction continuation expectations after follow up se

Lalit Dhingra at 09:47 PM - Apr 25, 2018 ( ) Views: 437

1

Correction continuation expectations after follow up selling

Intra Day Chart Analysis & Market Outlook

(26-04-2018)

 

Nifty-Intra Day Chart (25-Apr-2018):-

Just click on chart for its enlarged view

Technical Patterns formation in today intraday charts

 

1- Selling between 10577-10612

2- Support between 10537-10559

3- Whole day actual trading between 10537-10612

 

Conclusions from intra day chart analysis 

 

As firstly more than 4 hours selling between 10577-10612 therefore slipping from higher levels but not with force and some supports also seen at lower levels.   

 

Last 3 sessions selling between 10577-10638 and this range will be immediate resistance of Nifty but some supports are lying above 10450 therefore follow up selling is firstly required for decisive down moves. Expected that finally correction will remain continued after follow up selling in the coming sessions.


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Lalit Dhingra at 10:01 PM - Apr 25, 2018 ( )

 

 

By mistake yesterday chart was updated. Today intraday chart is as follows

Nifty-Intra Day Chart (25-Apr-2018):-

 

 

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