17490-17649 Will confirm next
trend beginning first signal
Nifty-Intra Day Chart Analysis &
Market Outlook(03-02-2023)
Nifty-Intra Day Chart (02-Feb-2023):-
Technical Patterns formation in today intraday charts
1- Firstly slipping 172 points in first 3 minutes after weaker opening
2- 205 Points sharp up moves in 45 minutes
3- Last 5 and half hour sideways trading between 17490-17649
4- Whole day actual trading between 17446-17653
Conclusions from intra day chart analysis
Although firstly slipping 172 points in first 3 minutes after weaker opening but after that 205 points sharp up moves was seen in the next 45 minutes. As last 5 and half hour sideways trading between 17490-17649 and one sided intraday trading patterns formations was not seen within this range therefore firstly sustaining beyond this range should be watched in the coming sessions for the confirmation of next trend beginning first signal.