19659-19782 will confirm next intraday decisive moves beginning
Nifty-Intra Day Chart Analysis &
Market Outlook(25-07-2023)
Nifty-Intra Day Chart (24-Jul-2023):-
Technical Patterns formation in today intraday charts
1- Consolidation between 19704-19732
2- Selling between 19748-19782
3- Sharp down
4- Consolidation between 19672-19720
5- Sharp up
6- Selling between 19738-19772
7- Sharp down
8- Consolidation between 19659-19694
9- Whole day actual trading between 19659-19782
Conclusions from intra day chart analysis
As whole day trading with lower levels consolisation and higher levels selling and one sided technical position formations were not seen therefore firstly Nifty has to trade and prepare for next decisive moves beginning within whole day trading range(19659-19782). Finally sustaining beyond 19659-19782 will confirm next intraday decisive moves beginning hence should be firstly watched in the coming session.