Watch levels amid Hamas Israel
war escalation fear
Nifty-Intra Day Chart Analysis &
Market Outlook(27-10-2023)
Nifty-Intra Day Chart (26-Oct-2023):-
Technical Patterns formation in today intraday charts
1- 266 Points doen moves in first 2 hours
2- More than 5 hours sideways trading between 18838-18903
3- Whole day actual trading between 18838-19041
Conclusions from intra day chart analysis
As most Asian markets were trading in Red and Dow Jones Futures was also weak today morning therefore firstly Nifty slipped 266 Points down in first 2 hours after gap down opening. More than 5 hours sideways trading between 18838-18903 in which one sided trading patterns were not seen therefore firstly sustaing beyond this range should be firstly watched tomorrow for next decisive moves beginning because all the Global markets are reacting on Hamas Israel war escalation fear.