Up moves continuation expectations
Nifty-Intra Day Chart Analysis &
Market Outlook(28-04-2023)
Nifty-Intra Day Chart (27-Apr-2023):-
Technical Patterns formation in today intraday charts
1- Up moves with downward corrections
2- Sharp up in last hour
3- Whole day actual trading between 17798-17931
Conclusions from intra day
chart analysis
Although firstly slipping after flat opening but good intraday consolidation yesterday therefore up moves started. As first 5 hours up moves were with downward corrections therefore sharp up moves were seen in last hour and up moves continuation is expected tomorrow also.