Firstly Short Term intraday correction
before next decisive up moves beginning
Nifty-Intra Day Chart Analysis &
Market Outlook(06-04-2023)
Nifty-Intra Day Chart (05-Apr-2023):-
Technical Patterns formation in today intraday charts
1- Whole day up moves with downward corrections
2- Whole day actual trading between 17403-17570
Conclusions from intra day chart
analysis
Although whole day up moves with downward corrections after flat opening and intraday selling patterns were not seen and on going Pull Back rally continuation is expected also but Very Short Term indicators have turned overbought therefore firstly Short Term intraday correction will also be seen before next decisive up moves beginning.