Sustaining beyond 18232-18335 will
confirm next decisive moves beginning
Nifty-Intra Day Chart Analysis &
Market Outlook(23-05-2023)
Nifty-Intra Day Chart (22-May-2023):-
Technical Patterns formation in today intraday charts
1- Up moves after flat opening
2- Whole day trading with mixed Patterns formation between 18232-18335
3- Whole day actual trading between 18179-18335
Conclusions from intra day
chart analysis
Although firstly up moves after flat opening but after that whole day today trading was with mixed Patterns formation between 18232-18335 therefore Nifty will firstly trade and prepare for next decisive moves within or near about this range. As finally sustaining beyond 18232-18335 will confirm next decisive moves beginning therefore should befirstly watched tomorrow for its confirmations.