Levels will confirm next
more than 2% moves
Nifty-Intra Day Chart Analysis &
Market Outlook(28-09-2021)
Nifty-Intra Day Chart (27-Sep-2021):-
Technical Patterns formation in today intraday charts
1- Selling between 17907-17943
2- Down moves with upward corrections
3- Selling between 17877-17896
4- Down moves in Bullish Falling Channel
5- Whole day actual trading between 17802-17943
Conclusions from intra day chart analysis
Following lines were told on 25-09-2021 in " Wave-5 Rally continuation towards its maximum target at 18793":-
1- some higher levels good intraday selling was seen therefore Doji Black Candle was formed last Friday
2- firstly sustaining beyond last Friday trading range(17819-17947) should be firstly watched in the beginning of next week
17819-17947 was told on 25-09-2021 for firstly watching in the beginning of this week and Nifty traded almost whole day within this range between 17802-17943 with higher levels selling and some supports also at lower levels also.
Expected that Nifty will again trade and prepare for next decisive moves within and near about 17802-17943 tomorrow also because both higher levels selling and lower levels buying has been seen in last 2 sessions and finally sustaining it beyond will confirm next more than 2% moves which should be firstly watched in the coming sessions.