18139-18183 will confirm next
intraday decisive moves beginning
Nifty-Intra Day Chart Analysis &
Market Outlook(19-01-2023)
Nifty-Intra Day Chart (18-Jan-2023):-
Technical Patterns formation in today intraday charts
1- Sharp up after flat opening
2- Consolidation between 18103-18038
3- Last more than 4 hours trading with Mixed Patterns formation between 18139-18183
4- Whole day actual trading between 18033-18183
Conclusions from intra day chart analysis
Although firstly sharp up after flat opening and after that consolidation also between 18103-18038 but last more than 4 hours trading was with Mixed Patterns formation between 18139-18183 therefore firstly sustaining beyond this range should be watched tomorrow for next intraday decisive moves beginning confirmations.
Resistances above today highest are as follows:-
1- 18216-18240
2- 18345-18387
Supports below today lowest are as follows:-
1- 17966-18007
2- 17854-17893