Up moves towards next resistances
Nifty-Intra Day Chart Analysis &
Market Outlook(14-12-2022)
Nifty-Intra Day Chart (13-Dec-2022):-
Technical Patterns formation in today intraday charts
1- Consolidation between 18491-18540
2- Up moves
3- Consolidation between 18564-18603
4- Sharp up
5- Whole day actual trading between 18491-18617
Conclusions from intra day chart analysis
As consolidation in first hour after positive opening and after that good follow up consolidation in Mid-session therefore sharp moves were seen in last hour, It is clear from today intrady pattern formations that only consolidation patterns developed and selling patterns were not seen therefore up moves are expected above today highest and towards following next resistances:-
1- 18647-18665
2- 18832-18854