Fresh selling today will mean
sharp fall
Nifty-Intra Day Chart Analysis &
Market Outlook(30-06-2021)
Nifty-Intra Day Chart (29-Jun-2021):-
Technical Patterns formation in today intraday charts
1- Selling between 15816-15835
2- Selling between 15759-15796
3- Support between 15725-15764
4- Whole day actual trading between 15725-15835
Conclusions from intra day chart analysis
Although good selling at higher levels and negative closing also yesterday but some supports were seen at lower levels therefore firstly Nifty will trade and prepare for next decisive moves between 15725-15835.
As good selling at higher levels and if fresh selling develops today then sharp fall will be seen and its confirmation will be sustaining below yesterday lowest(15725)