15821 will confirm rally
towards next resistances
Nifty-Intra Day Chart Analysis &
Market Outlook(25-06-2021)
Nifty-Intra Day Chart (24-Jun-2021):-
Technical Patterns formation in today intraday charts
1- Consolidation between 15720-15761(immediate supports)
2- Up moves with downward corrections
3- Volatility in last hour
4- Whole day actual trading between 15703-15821
Conclusions from intra day chart analysis
As higher levels selling in last 2 sessions therefore firstly sideways consolidation after positive opening and after that follow up consolidation through Up moves with downward corrections. Last hour was highly volatile and technical positions changes also during such volatility as well as selling lying above today highest therefore sustaining above today highest should be only watched tomorrow for up moves continuation towards next resistances(15873-15894)