Up moves towards/above today highest
Nifty-Intra Day Chart Analysis &
Market Outlook(15-03-2023)
Nifty-Intra Day Chart (14-Mar-2023):-
Technical Patterns formation in today intraday charts
1- Sharp up moves after flat opening
2- Down moves with upward corrections
3- High volatility in Mid-session
4- Consolidation between 16988-17070
5- Whole day actual trading between 16988-17224
Conclusions from intra day chart analysis
Although firstly sharp up moves after flat opening but selling was seen through Down moves with upward corrections and Nifty slipped. Although high volatility in Mid-session but lower levels good consolidation between 16988-17070 therefore up moves will be seen towards/above today highest tomorrow.