Firstly up move & finally sideways
trading within today trading range
Nifty-Intra Day Chart Analysis &
Market Outlook(16-06-2023)
Nifty-Intra Day Chart (15-Jun-2023):-
Technical Patterns formation in today intraday charts
1- Up moves after positive opening
2- Selling between 187965-18794
3- Mixed Patterns formation in Mid-Session between 18715-18756
4- Support between 18670-18703
5- Whole day actual trading between 18670-18794
Conclusions from intra day chart analysis
Although firstly up moves after positive opening but higher levels good selling developed therefore down moves started which remained continued till last haour. As firstly mixed Patterns formation in Mid-Session and lower levels uspports also in last hour therefore firstly up move will be seen towards today highest(18794) and finally sideways trading is expected within today trading range(18670-18794) tomorrow.