Up moves continuation expectations
Nifty-Intra Day Chart Analysis &
Market Outlook(27-04-2023)
Nifty-Intra Day Chart (26-Apr-2023):-
Technical Patterns formation in today intraday charts
1- Consolidation between 17712-17771
2- Consolidation between 17768-17803
3- Sharp up in last half hour
4- Whole day actual trading between 17712-17827
Conclusions from intra day chart analysis
Although firstly slipping after flat opening but firstly lower levels consolidation and after that consolidation in Mid-session also therefore sharp up moves were seen in last half hour. As intraday selling patterns were not seen today therefore on going up moves continuation is expected.