Rally towards life time highest
Nifty-Intra Day Chart Analysis &
Market Outlook(13-10-2021)
Nifty-Intra Day Chart (12-Oct-2021):-
Technical Patterns formation in today intraday charts
1- Consolidation between 17865-17942
2- Consolidation between 17860-17980
3- Whole day actual trading between 17865-18008
Conclusions from intra day chart analysis
Although firstly slipping but good consolidation was seen after 10:30 AM therefore today closing was near the top of the day and expected that on going rally will reain continued towards life time highest(18042) tomorrow and sustaining above it will confirm fresh rally.