Firstly watch 15066-15188
for next trend
Nifty-Intra Day Chart Analysis &
Market Outlook(12-02-2021)
Nifty-Intra Day Chart (11-Feb-2021):-
Technical Patterns formation in today intraday charts
1- More than Five and Half hours trading with mixed Patterns formation between 15109-15166
2- Slow up moves in last half hour
3- Whole day actual trading between 15066-15188
Conclusions from intra day chart analysis
Although today closing at higher levels of the day but last half hour up moves were slow and before that more than Five and Half hours trading was with mixed Patterns formation between 15109-15166 therefore view will not be Bullish because pure consolidation patterns formations were not seen and some selling was also seen today.
Expected that Nifty will firstly trade and prepare for next trend within and near about today trading range(15066-15188) and finally sustaining it beyond will confirm it therefore firstly watch it in the coming sessions.