17796-17879 will confirm next
intraday decisive moves
Nifty-Intra Day Chart Analysis &
Market Outlook(11-01-2023)
Nifty-Intra Day Chart (10-Jan-2023):-
Technical Patterns formation in today intraday charts
1- Down moves with upward corrections
2- Support between 17856-17925
3- Whole day actual trading between 17856-18127
Conclusions from intra day chart analysis
As weaker Global sentiments therefore down moves started which were with upward corrections ie with intraday selling patterns formations therefore down moves remained continued till 01:40 PM.
Previous supports were between 17796-17879 and Nifty got supports within this range today and closed above it at 17914 today therefore sustaining beyond 17796-17925 should be firstly watched tomorrow for next intraday decisive moves beginning confirmations.