Rally ocntinuation exoectations
Nifty-Intra Day Chart Analysis &
Market Outlook(08-11-2023)
Nifty-Intra Day Chart (07-Nov-2023):-
Technical Patterns formation in today intraday charts
1- Volatility in first 3 hours between 19330-19392
1- Up moves with downward corrections in last more than 3 hours
3- Whole day actual trading between 19330-19423
Conclusions from intra day chart analysis
Although firstly volatility in first 3 hours but after that up moves with downward corrections were seen in last more than 3 hours therefore on going rally continuation is expected in the coming sessions.