Down moves towards next support
Nifty-Intra Day Chart Analysis &
Market Outlook(18-11-2021)
Nifty-Intra Day Chart (17-Nov-2021):-
Technical Patterns formation in today intraday charts
1- Selling between 17951-18022
2- Down moves till last minutes
3- Whole day actual trading between 17880-18022
Conclusions from intra day chart analysis
As more than 5 hours selling between 17951-18022 therefore down moves remained continued till last minutes and today closing was near the lower levels of the day as well as down moves continuation is expected towards following next supports:-
1- 17716-17763
2- 17641-17704